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Part of the book series: Theory and Decision Library ((TDLC,volume 34))

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Abstract

Shapley (1953) writes: “At the foundation of the theory of games is the assumption that the players of a game can evaluate, in their utility scales, every “prospect” that might arise as a result of a play. In attempting to apply the theory to any field, one would normally expect to be permitted to include, in the class of “prospects”, the prospect of having to play a game. The possibility of evaluating the game is therefore of critical importance.” In this chapter we study the Shapley value which provides an a priori evaluation of every coalitional game.

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© 2007 Springer-Verlag Berlin Heidelberg

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(2007). The Shapley Value. In: Introduction to the Theory of Cooperative Games. Theory and Decision Library, vol 34. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-540-72945-7_8

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