RUS  ENG
Full version
JOURNALS // Matematicheskaya Teoriya Igr i Ee Prilozheniya // Archive

Mat. Teor. Igr Pril., 2012 Volume 4, Issue 3, Pages 58–85 (Mi mgta89)

This article is cited in 2 papers

The Shapley value of TU games, differences of the cores of convex games, and the Steiner point of convex compact sets

Sergei L. Pecherskyab

a St. Petersburg Institute for Economics and Mathematics RAS
b European University at St. Petersburg

Abstract: We explore the implications of the possibility of decomposition of any TU game $v$ into the difference of two convex games $v_1$ and $v_2$, i.e. $v=v_1-v_2.$ In particular, we prove that the Shapley value of a game $v$ is the difference of the Steiner points of the cores $C(v_1)$ and $C(v_2),$ and, in particular, for a convex game $v$ the Shapley value is the Steiner point of its core. Some properties of this interpretation are studied. A new definition of the Weber set of a TU game is considered.

Keywords: TU games, convex games, the Shapley value, the Steiner point, differences of the cores.

UDC: 519.833.5
BBK: 22.18



© Steklov Math. Inst. of RAS, 2024