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The Inverse Shapley value problem

Anindya De, Ilias Diakonikolas and Rocco A. Servedio

Games and Economic Behavior, 2017, vol. 105, issue C, 122-147

Abstract: For f a weighted voting scheme used by n voters to choose between two candidates, the n Shapley–Shubik Indices (or Shapley values) of f measure how much control each voter can exert over the overall outcome. The Inverse Shapley Value Problem is the problem of designing a weighted voting scheme which (approximately) achieves a desired input vector of values for the Shapley–Shubik indices. We give the first efficient algorithm with provable guarantees for the Inverse Shapley Value Problem. For any constant ϵ>0 our algorithm runs in fixed poly(n) time and satisfies the following: given as input a vector of desired Shapley values, if any “reasonable” weighted voting scheme (roughly, one in which the threshold is not too skewed) approximately matches the desired vector of values, then our algorithm outputs a weighted voting scheme that achieves this vector of Shapley values to within error ϵ.

Keywords: Shapley values; Weighted voting games; Algorithms; Fourier Analysis (search for similar items in EconPapers)
JEL-codes: C71 C79 (search for similar items in EconPapers)
Date: 2017
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