EconPapers    
Economics at your fingertips  
 

Union Shapley Value: Quantifying Group Impact via Collective Removal

Piotr K\k{e}pczy\'nski and Oskar Skibski

Papers from arXiv.org

Abstract: We perform a comprehensive analysis of extensions of the Shapley value to groups. We propose a new, natural extension called the Union Shapley Value, which assesses a group's contribution by examining the impact of its removal from the game. This intuition is formalized through two axiomatic characterizations, closely related to existing axiomatizations of the Shapley value. Furthermore, we characterize the class of group semivalues and identify a dual approach that measures synergy instead of the value of a coalition. Our analysis reveals a novel connection between several group values previously proposed in the literature.

Date: 2025-05
References: Add references at CitEc
Citations:

Downloads: (external link)
http://arxiv.org/pdf/2505.21122 Latest version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:arx:papers:2505.21122

Access Statistics for this paper

More papers in Papers from arXiv.org
Bibliographic data for series maintained by arXiv administrators ().

 
Page updated 2025-05-28
Handle: RePEc:arx:papers:2505.21122