The Analysis of Leadership Formation in Networks Based on Shapley Value

Ivan Belik and Kurt Jörnsten

No 2015/2, Discussion Papers from Norwegian School of Economics, Department of Business and Management Science

Abstract: In the given research we analyse how an agent can move towards leadership in a socio-economic network. For the node’s (i.e., agent’s) importance measure we use the Shapley value (SV) concept from the area of cooperative games. We consider SV as the node’s centrality that corresponds to the significance of the agent within the socio-economic network. Using the polynomial algorithm developed by Aadithya, Ravindran, Michalak, & Jennings (2010) to compute SVs we analyze the way of creating new linkages to increase an agent’s significance (i.e., importance) in networks.

Keywords: Socio-economic networks; Shapley value; leadership (search for similar items in EconPapers)
JEL-codes: C00 (search for similar items in EconPapers)
Pages: 20 pages
Date: 2015-01-09
New Economics Papers: this item is included in nep-cse, nep-gth and nep-net
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Citations: View citations in EconPapers (1)

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