• DocumentCode
    175977
  • Title

    The Shapley value of cooperative game with stochastic payoffs

  • Author

    Cheng-Guo, E. ; Quan-Lin Li ; Shi-Yong Li

  • Author_Institution
    Sch. of Econ. & Manage., Yanshan Univ., Qinhuangdao, China
  • fYear
    2014
  • fDate
    May 31 2014-June 2 2014
  • Firstpage
    1717
  • Lastpage
    1722
  • Abstract
    In this paper, we consider cooperative game with stochastic payoffs and give the definition of the Shapley value for it, which is obtained by extending the classical case. Then we provide explicit expression for the Shapley value of the cooperative game with stochastic payoffs, and discuss its existence and uniqueness. Finally, the properties of the Shapley value of convex cooperative game with stochastic payoffs are investigated.
  • Keywords
    stochastic games; Shapley value; convex cooperative game; stochastic payoffs; Educational institutions; Equations; Game theory; Games; Resource management; Stochastic processes; Vectors; Shapley value; convexity; cooperative game; stochastic payoffs;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Control and Decision Conference (2014 CCDC), The 26th Chinese
  • Conference_Location
    Changsha
  • Print_ISBN
    978-1-4799-3707-3
  • Type

    conf

  • DOI
    10.1109/CCDC.2014.6852446
  • Filename
    6852446
    • Link To Document
    https://search.isc.ac/dl/search/defaultta.aspx?DTC=49&DC=175977