Young's axiomatization of the Shapley value - a new proof

Computer Science – Computer Science and Game Theory

Scientific paper

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11 pages

Scientific paper

We consider Young (1985)'s characterization of the Shapley value, and give a
new proof of this axiomatization. Moreover, as applications of the new proof,
we show that Young (1985)'s axiomatization of the Shapley value works on
various well-known subclasses of TU games.

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