Null or nullifying players: The difference between the Shapley value and equal division solutions
Author
Suggested Citation
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Perez-Castrillo, David & Wettstein, David, 2001.
"Bidding for the Surplus : A Non-cooperative Approach to the Shapley Value,"
Journal of Economic Theory, Elsevier, vol. 100(2), pages 274-294, October.
- David Pérez-Castrillo & David Wettstein, "undated". "Bidding For The Surplus: A Non-Cooperative Approach To The Shapley Value," UFAE and IAE Working Papers 461.00, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
- Graham, Daniel A & Marshall, Robert C & Richard, Jean-Francois, 1990. "Differential Payments within a Bidder Coalition and the Shapley Value," American Economic Review, American Economic Association, vol. 80(3), pages 493-510, June.
- Herve Moulin, 2004. "Fair Division and Collective Welfare," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262633116, April.
- Martin Shubik, 1962.
"Incentives, Decentralized Control, the Assignment of Joint Costs and Internal Pricing,"
Management Science, INFORMS, vol. 8(3), pages 325-343, April.
- Martin Shubik, 1961. "Incentives, Decentralized Control, the Assignment of Joint Costs and Internal Pricing," Cowles Foundation Discussion Papers 112, Cowles Foundation for Research in Economics, Yale University.
- Chun, Youngsub, 1991. "On the Symmetric and Weighted Shapley Values," International Journal of Game Theory, Springer;Game Theory Society, vol. 20(2), pages 183-190.
- Varian, Hal R., 1974.
"Equity, envy, and efficiency,"
Journal of Economic Theory, Elsevier, vol. 9(1), pages 63-91, September.
- H. R. Varian, 1973. "Equity, Envy and Efficiency," Working papers 115, Massachusetts Institute of Technology (MIT), Department of Economics.
- Graham, Daniel A & Marshall, Robert C, 1987. "Collusive Bidder Behavior at Single-Object Second-Price and English Auctions," Journal of Political Economy, University of Chicago Press, vol. 95(6), pages 1217-1239, December.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Van Essen, Matt & Wooders, John, 2021. "Allocating positions fairly: Auctions and Shapley value," Journal of Economic Theory, Elsevier, vol. 196(C).
- Florencia Gabrielli, 2014.
"Econometrics of First Price Auctions: a Survey of the Theoretical and Applied Literature,"
Económica, Departamento de Economía, Facultad de Ciencias Económicas, Universidad Nacional de La Plata, vol. 60, pages 77-118, January-D.
- Maria Florencia Gabrielli, 2023. "Econometrics of first Price Auctions: a Survey of the Theoretical and Applied Literature," Working Papers 252, Red Nacional de Investigadores en Economía (RedNIE).
- Ghintran, Amandine, 2013.
"Weighted position values,"
Mathematical Social Sciences, Elsevier, vol. 65(3), pages 157-163.
- Amandine Ghintran, 2008. "A weighted position value," Post-Print hal-00332573, HAL.
- Amandine Ghintran, 2010. "A weighted position value," Working Paper Series 1008, Óbuda University, Keleti Faculty of Business and Management.
- Amandine Ghintran, 2013. "A weighted position value," Post-Print halshs-00667665, HAL.
- Amandine Ghintran, 2010. "A weighted position value," Post-Print halshs-00531311, HAL.
- Amandine Ghintran, 2009. "A weighted position value," Working Papers hal-00420430, HAL.
- Guth, Werner & Peleg, Bezalel, 1996.
"On ring formation in auctions,"
Mathematical Social Sciences, Elsevier, vol. 32(1), pages 1-37, August.
- Guth, W. & Peleg, B., 1993. "On Ring Formation in Auctions," Papers 9357, Tilburg - Center for Economic Research.
- Güth, W. & Peleg, B., 1993. "On Ring Formation in Auctions," Discussion Paper 1993-57, Tilburg University, Center for Economic Research.
- Güth, W. & Peleg, B., 1993. "On Ring Formation in Auctions," Other publications TiSEM a248853a-fd51-4346-a263-0, Tilburg University, School of Economics and Management.
- Chessa, Michela & Hanaki, Nobuyuki & Lardon, Aymeric & Yamada, Takashi, 2023.
"An experiment on the Nash program: A comparison of two strategic mechanisms implementing the Shapley value,"
Games and Economic Behavior, Elsevier, vol. 141(C), pages 88-104.
- Michela Chessa & Nobuyuki Hanaki & Aymeric Lardon & Takashi Yamada, 2022. "An Experiment on The Nash Program: A Comparison of Two Strategic Mechanisms Implementing the Shapley Value," ISER Discussion Paper 1175r, Institute of Social and Economic Research, Osaka University, revised Feb 2023.
- Michela Chessa & Nobuyuki Hanaki & Aymeric Lardon & Takashi Yamada, 2023. "An experiment on the Nash program: A comparison of two strategic mechanisms implementing the Shapley value," Post-Print hal-04194465, HAL.
- Koji Yokote, 2015. "Weak addition invariance and axiomatization of the weighted Shapley value," International Journal of Game Theory, Springer;Game Theory Society, vol. 44(2), pages 275-293, May.
- René Brink & Yukihiko Funaki & Yuan Ju, 2013. "Reconciling marginalism with egalitarianism: consistency, monotonicity, and implementation of egalitarian Shapley values," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 40(3), pages 693-714, March.
- Yuan Ju & Peter Borm & Pieter Ruys, 2007.
"The consensus value: a new solution concept for cooperative games,"
Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 28(4), pages 685-703, June.
- Ju, Y. & Borm, P.E.M. & Ruys, P.H.M., 2004. "The Consensus Value : A New Solution Concept for Cooperative Games," Discussion Paper 2004-50, Tilburg University, Center for Economic Research.
- Ju, Y. & Borm, P.E.M. & Ruys, P.H.M., 2007. "The consensus value : A new solution concept for cooperative games," Other publications TiSEM 6cd44a12-a909-47f8-8d85-e, Tilburg University, School of Economics and Management.
- Ju, Y. & Borm, P.E.M. & Ruys, P.H.M., 2004. "The Consensus Value : A New Solution Concept for Cooperative Games," Other publications TiSEM ff51992e-6683-4596-a613-9, Tilburg University, School of Economics and Management.
- Manfred Besner, 2019. "Axiomatizations of the proportional Shapley value," Theory and Decision, Springer, vol. 86(2), pages 161-183, March.
- Forges, Françoise & Orzach, Ram, 2011.
"Core-stable rings in second price auctions with common values,"
Journal of Mathematical Economics, Elsevier, vol. 47(6), pages 760-767.
- Forges, Francoise & Orzach, Ram, 2010. "Core-stable Rings in Second Price Auctions with Common Values," Sustainable Development Papers 96668, Fondazione Eni Enrico Mattei (FEEM).
- Françoise Forges & Ram Orzach, 2010. "Core-stable Rings in Second Price Auctions with Common Values," Working Papers 2010.119, Fondazione Eni Enrico Mattei.
- Francoise Forges & Ram Orzach, 2011. "Core-stable rings in second price auctions with common values," Post-Print hal-00659016, HAL.
- Béal, Sylvain & Ferrières, Sylvain & Rémila, Eric & Solal, Philippe, 2018.
"The proportional Shapley value and applications,"
Games and Economic Behavior, Elsevier, vol. 108(C), pages 93-112.
- Sylvain Béal & Sylvain Ferrières & Eric Rémila & Phillippe Solal, 2016. "The proportional Shapley value and an application," Working Papers 2016-08, CRESE.
- Philippe Solal & Sylvain Béal & Sylvain Ferrières & Éric Rémila, 2017. "The proportional Shapley value and applications," Post-Print halshs-01644830, HAL.
- Sylvain Béal & Éric Rémila & Philippe Solal & Sylvain Ferrières, 2018. "The proportional Shapley value and applications," Post-Print halshs-01612092, HAL.
- Sylvain Béal & Eric Rémila & Philippe Solal & Sylvain Ferrières, 2016. "The proportional Shapley value and an application," Working Papers hal-01362228, HAL.
- Cole, Richard & Tao, Yixin, 2021. "On the existence of Pareto Efficient and envy-free allocations," Journal of Economic Theory, Elsevier, vol. 193(C).
- Karine Brisset, 2001.
"Formation d'une entente dans un appel d'offres au premier prix et risque de détection exogène,"
Recherches économiques de Louvain, De Boeck Université, vol. 67(4), pages 405-419.
- Karine BRISSET, 2001. "Formation d’une entente dans un appel d’offres au premier prix et risque de détection exogène," Discussion Papers (REL - Recherches Economiques de Louvain) 2001043, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
- Takumi Kongo, 2020. "Similarities in axiomatizations: equal surplus division value and first-price auctions," Review of Economic Design, Springer;Society for Economic Design, vol. 24(3), pages 199-213, December.
- Takaaki Abe & Satoshi Nakada, 2023. "Core stability of the Shapley value for cooperative games," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 60(4), pages 523-543, May.
- Hu, Cheng-Cheng & Tsay, Min-Hung & Yeh, Chun-Hsien, 2018. "A study of the nucleolus in the nested cost-sharing problem: Axiomatic and strategic perspectives," Games and Economic Behavior, Elsevier, vol. 109(C), pages 82-98.
- John Asker, 2010. "A Study of the Internal Organization of a Bidding Cartel," American Economic Review, American Economic Association, vol. 100(3), pages 724-762, June.
- René Brink, 2017. "Games with a permission structure - A survey on generalizations and applications," TOP: An Official Journal of the Spanish Society of Statistics and Operations Research, Springer;Sociedad de Estadística e Investigación Operativa, vol. 25(1), pages 1-33, April.
- Sophie Bade & Erel Segal-Halevi, 2018. "Fairness for Multi-Self Agents," Papers 1811.06684, arXiv.org, revised Apr 2022.
- René Brink & Gerard Laan & Vitaly Pruzhansky, 2011.
"Harsanyi power solutions for graph-restricted games,"
International Journal of Game Theory, Springer;Game Theory Society, vol. 40(1), pages 87-110, February.
- René van den Brink & Gerard van der Laan & Vitaly Pruzhansky, 2004. "Harsanyi Power Solutions for Graph-restricted Games," Tinbergen Institute Discussion Papers 04-095/1, Tinbergen Institute.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:jetheo:v:136:y:2007:i:1:p:767-775. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/622869 .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.