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econ.TH2025
Balanced contributions, consistency, and value for games with externalities
André Casajus, Yukihiko Funaki, Frank Huettner
We consider fair and consistent extensions of the Shapley value for games with externalities. Based on the restriction identified by Casajus et al. (2024, Games Econ. Behavior 147,…
econ.TH2024
Random partitions, potential, value, and externalities
André Casajus, Yukihiko Funaki, Frank Huettner
The Shapley value equals a player's contribution to the potential of a game. The potential is a most natural one-number summary of a game, which can be computed as the expected acc…