2008Mohu xitong yu shuxueRequires access

Interval Shapley Value for Cooperative Games with Interval Payoffs

Qiang Zhang

Open publisher page 1 citations

Abstract

In this paper,we make a study of the Shapley value with characteristic functions from the viewpoint that the payoff of each coalition are often only imprecisely or ambiguously known to the players as an interval number.Axioms of Shapley value which was given by Shapley in 1953 have been extended for the interval Shapley value.The explicit and exclusive interval Shapley value has been put forward,which has been applied to profit allocation scheme among partners in supply-chain.Because of the interval payoffs,the results of imputation in this paper are also interval numbers.Moreover,it is proven that any crisp Shapley value that corresponds to a real number belonging to interval range remains with the bound of interval Shapley.

About this research paper

What this paper is about

In this paper,we make a study of the Shapley value with characteristic functions from the viewpoint that the payoff of each coalition are often only imprecisely or ambiguously known to the players as an interval number.Axioms of Shapley value which was given by Shapley in 1953 have been extended for the interval Shapley value.The explicit and exclusive interval Shapley value has been put forward,which has been applied to profit allocation scheme among partners in supply-chain.Because of the interval payoffs,the results of imputation in this paper are also interval numbers.Moreover,it is proven that any crisp Shapley value that corresponds to a real number belonging to interval range remains with the bound of interval Shapley.

Why it matters

OpenAlex reports 1 citations for this work. Citation counts describe recorded attention and do not establish research quality.

Key contribution

A contribution statement is not available in the OpenAlex record.

Method / approach

Method details are not available in the OpenAlex metadata.

Main findings

Findings are not separately available in the OpenAlex metadata.

Limitations

Limitations are not available in the OpenAlex metadata.

Applications

Application details are not available in the OpenAlex metadata.

Available abstract

In this paper,we make a study of the Shapley value with characteristic functions from the viewpoint that the payoff of each coalition are often only imprecisely or ambiguously known to the players as an interval number.Axioms of Shapley value which was given by Shapley in 1953 have been extended for the interval Shapley value.The explicit and exclusive interval Shapley value has been put forward,which has been applied to profit allocation scheme among partners in supply-chain.Because of the interval payoffs,the results of imputation in this paper are also interval numbers.Moreover,it is proven that any crisp Shapley value that corresponds to a real number belonging to interval range remains with the bound of interval Shapley.

Key concepts: Shapley value, Interval (graph theory), Axiom, Mathematics, Stochastic game, Mathematical economics, Imputation (statistics), Value (mathematics)

Related papers

Back to paper searchBrowse research topicsOriginal source
Interval Shapley Value for Cooperative Games with Interval Payoffs — Research Paper | ScholarLens