IDEAS home Printed from https://ideas.repec.org/a/spr/grdene/v31y2022i1d10.1007_s10726-021-09741-2.html
   My bibliography  Save this article

Improved Shapley Values Based on Players’ Least Square Contributions and Their Applications in the Collaborative Profit Sharing of the Rural E-commerce

Author

Listed:
  • Jia-Cai Liu

    (Fujian Agriculture and Forestry University)

  • Deng-Feng Li

    (University of Electronic Science and Technology of China)

Abstract

In this paper, we introduce several improved Shapley values for cooperative transferable utility (TU) games depending on the players’ least square contributions instead of their marginal contributions. This work is mainly enlightened by the Shapley value and the player’s productivity-based excess (usually called the excess of the player). Based on the player’s contribution-based excess, two quadratic programming models for obtaining the players’ (weighted) least square contributions are constructed. The efficient weighted Shapley-like value proposed in this paper as an extension of the Shapley value can be characterized by four independent axioms such as the symmetry, the efficiency, the additivity, and the quasi-null player, which are almost similar to the Shapley value’s four axioms except that the anonymity is replaced with the quasi-null player. The four axioms are proven to uniquely determine the efficient weighted Shapley-like value. Finally, the advantages of the proposed values are illustrated with a real case about the collaborative profit sharing of the rural e-commerce.

Suggested Citation

  • Jia-Cai Liu & Deng-Feng Li, 2022. "Improved Shapley Values Based on Players’ Least Square Contributions and Their Applications in the Collaborative Profit Sharing of the Rural E-commerce," Group Decision and Negotiation, Springer, vol. 31(1), pages 7-22, February.
    • Handle: RePEc:spr:grdene:v:31:y:2022:i:1:d:10.1007_s10726-021-09741-2
    DOI: 10.1007/s10726-021-09741-2
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s10726-021-09741-2
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1007/s10726-021-09741-2?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Antonio Magaña & Francesc Carreras, 2018. "Coalition Formation and Stability," Group Decision and Negotiation, Springer, vol. 27(3), pages 467-502, June.
    2. Pradeep Dubey & Abraham Neyman & Robert James Weber, 1981. "Value Theory Without Efficiency," Mathematics of Operations Research, INFORMS, vol. 6(1), pages 122-128, February.
    3. Oğuzhan Ahmet Arık & Erkan Köse & Jeffrey Yi-Lin Forrest, 2019. "Project Staff Scheduling with Theory of Coalition," Group Decision and Negotiation, Springer, vol. 28(4), pages 827-847, August.
    4. SCHMEIDLER, David, 1969. "The nucleolus of a characteristic function game," LIDAM Reprints CORE 44, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    5. Guillermo Owen, 1975. "Multilinear extensions and the banzhaf value," Naval Research Logistics Quarterly, John Wiley & Sons, vol. 22(4), pages 741-750, December.
    6. Liu, Jia-Cai & Sheu, Jiuh-Biing & Li, Deng-Feng & Dai, Yong-Wu, 2021. "Collaborative profit allocation schemes for logistics enterprise coalitions with incomplete information," Omega, Elsevier, vol. 101(C).
    7. Ruiz, Luis M & Valenciano, Federico & Zarzuelo, Jose M, 1996. "The Least Square Prenucleolus and the Least Square Nucleolus. Two Values for TU Games Based on the Excess Vector," International Journal of Game Theory, Springer;Game Theory Society, vol. 25(1), pages 113-134.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Ruiz, Luis M. & Valenciano, Federico & Zarzuelo, Jose M., 1998. "The Family of Least Square Values for Transferable Utility Games," Games and Economic Behavior, Elsevier, vol. 24(1-2), pages 109-130, July.
    2. Liu, Jia-Cai & Sheu, Jiuh-Biing & Li, Deng-Feng & Dai, Yong-Wu, 2021. "Collaborative profit allocation schemes for logistics enterprise coalitions with incomplete information," Omega, Elsevier, vol. 101(C).
    3. Michel Grabisch & Agnieszka Rusinowska, 2020. "k -additive upper approximation of TU-games," PSE-Ecole d'économie de Paris (Postprint) halshs-02860802, HAL.
    4. Wenna Wang & Hao Sun & Rene (J.R.) van den Brink & Genjiu Xu, 2018. "The family of ideal values for cooperative games," Tinbergen Institute Discussion Papers 18-002/II, Tinbergen Institute.
    5. Wenna Wang & Hao Sun & René Brink & Genjiu Xu, 2019. "The Family of Ideal Values for Cooperative Games," Journal of Optimization Theory and Applications, Springer, vol. 180(3), pages 1065-1086, March.
    6. Rodrigue Tido Takeng & Arnold Cedrick Soh Voutsa & Kévin Fourrey, 2023. "Decompositions of inequality measures from the perspective of the Shapley–Owen value," Theory and Decision, Springer, vol. 94(2), pages 299-331, February.
    7. Borkotokey, Surajit & Kumar, Rajnish & Sarangi, Sudipta, 2015. "A solution concept for network games: The role of multilateral interactions," European Journal of Operational Research, Elsevier, vol. 243(3), pages 912-920.
    8. Elena Iñarra & Roberto Serrano & Ken-Ichi Shimomura, 2020. "The Nucleolus, the Kernel, and the Bargaining Set: An Update," Revue économique, Presses de Sciences-Po, vol. 71(2), pages 225-266.
    9. L. Hernández-Lamoneda & F. Sánchez-Sánchez, 2010. "Rankings and values for team games," International Journal of Game Theory, Springer;Game Theory Society, vol. 39(3), pages 319-350, July.
    10. Liu, Zhi & Zheng, Xiao-Xue & Li, Deng-Feng & Liao, Chen-Nan & Sheu, Jiuh-Biing, 2021. "A novel cooperative game-based method to coordinate a sustainable supply chain under psychological uncertainty in fairness concerns," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 147(C).
    11. Pérez-Castrillo, David & Sun, Chaoran, 2021. "Value-free reductions," Games and Economic Behavior, Elsevier, vol. 130(C), pages 543-568.
    12. L. Hernández-Lamoneda & F. Sánchez-Sánchez, 2017. "Linear symmetric rankings for TU-games," Theory and Decision, Springer, vol. 82(4), pages 461-484, April.
    13. Arin Aguirre, Francisco Javier, 2003. "Egalitarian distributions in coalitional models: The Lorenz criterion," IKERLANAK 6503, Universidad del País Vasco - Departamento de Fundamentos del Análisis Económico I.
    14. Bendel, Dan & Haviv, Moshe, 2018. "Cooperation and sharing costs in a tandem queueing network," European Journal of Operational Research, Elsevier, vol. 271(3), pages 926-933.
    15. Zheng, Xiao-Xue & Li, Deng-Feng & Liu, Zhi & Jia, Fu & Lev, Benjamin, 2021. "Willingness-to-cede behaviour in sustainable supply chain coordination," International Journal of Production Economics, Elsevier, vol. 240(C).
    16. Ori Haimanko, 2019. "The Banzhaf Value and General Semivalues for Differentiable Mixed Games," Mathematics of Operations Research, INFORMS, vol. 44(3), pages 767-782, August.
    17. Margarita Domènech & José Miguel Giménez & María Albina Puente, 2020. "Some Properties for Bisemivalues on Bicooperative Games," Journal of Optimization Theory and Applications, Springer, vol. 185(1), pages 270-288, April.
    18. Rafael Amer & José Miguel Giménez, 2007. "Technical note: Characterization of binomial semivalues through delegation games," Naval Research Logistics (NRL), John Wiley & Sons, vol. 54(6), pages 702-708, September.
    19. Deng-Feng Li & Yin-Fang Ye, 2018. "Interval-valued least square prenucleolus of interval-valued cooperative games and a simplified method," Operational Research, Springer, vol. 18(1), pages 205-220, April.
    20. Zhang, Li & Xu, Genjiu & Sun, Hao & Li, Wenzhong, 2023. "Players’ dummification and the dummified egalitarian non-separable contribution value," Economics Letters, Elsevier, vol. 226(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:grdene:v:31:y:2022:i:1:d:10.1007_s10726-021-09741-2. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.