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The weighted Shapley support levels values

Manfred Besner

MPRA Paper from University Library of Munich, Germany

Abstract: This paper presents a new class of weighted values for level structures. The new values, called weighted Shapley support levels values, extend the weighted Shapley values to level structures and contain the Shapley levels value (Winter, 1989) as a special case. Since a level structure with only two levels coincides with a coalition structure we obtain, as a side effect, also new axiomatizations of weighted coalition structure values, presented in Levy and McLean (1989).

Keywords: Cooperative; game; ·; Level; structure; ·; (Weighted); Shapley; (levels); value; ·; Weighted; proportionality; ·; Harsanyi; set; ·; Dividends (search for similar items in EconPapers)
JEL-codes: C70 C71 (search for similar items in EconPapers)
Date: 2018-06-22
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