The Shapley Value as a von Neumann-Morgenstern Utility
Open Access
- 1 April 1977
- journal article
- Published by JSTOR in Econometrica
- Vol. 45 (3) , 657
- https://doi.org/10.2307/1911680
Abstract
The Shapley value is shown to be a von Neumann-Morgenstern utility function. The concept of strategic risk is introduced, and it is shown that the Shapley value...Keywords
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