An efficient Shapley value for games with fuzzy characteristic function

Lina Mallozzi and Juan Vidal-Puga

MPRA Paper from University Library of Munich, Germany

Abstract: We consider cooperative games where the characteristic function is valued in the space of the fuzzy numbers. By using different fuzzy calculation methods to transform the game into a crisp cooperative one, we define and characterize an efficient extension of the Shapley value. This solution is a relevant member of a wider family of more general, fuzzy calculation method dependent extensions of the Shapley value.

Keywords: Cooperative game; Shapley value; fuzzy set; efficiency (search for similar items in EconPapers)
JEL-codes: C71 (search for similar items in EconPapers)
Date: 2024-09-21
New Economics Papers: this item is included in nep-gth
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