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Dividing the expected payoff resulting from joint actions

Author

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  • Dehez, Pierre

    (Université catholique de Louvain, LIDAM/CORE, Belgium)

Abstract

We consider situations where players hit targets with known probabilities and are rewarded according to given rules. The division of the expected payoff resulting from their joint actions is studied in the context of transferable utility games, using the Shapley value as the allocation rule.

Suggested Citation

  • Dehez, Pierre, 2023. "Dividing the expected payoff resulting from joint actions," LIDAM Discussion Papers CORE 2023017, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    • Handle: RePEc:cor:louvco:2023017
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    References listed on IDEAS

    as
    1. Pierre Dehez, 2024. "Cooperative Product Games," International Game Theory Review (IGTR), World Scientific Publishing Co. Pte. Ltd., vol. 26(01), pages 1-13, March.
    2. Helena Jasiulewicz & Wojciech Kordecki, 2016. "Multiplicative parameters and estimators: applications in economics and finance," Annals of Operations Research, Springer, vol. 238(1), pages 299-313, March.
    3. Helena Jasiulewicz & Wojciech Kordecki, 2016. "Multiplicative parameters and estimators: applications in economics and finance," Annals of Operations Research, Springer, vol. 238(1), pages 299-313, March.
    Full references (including those not matched with items on IDEAS)

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    1. Pierre Dehez, 2024. "Dividing the expected payoff resulting from joint actions," Economics Bulletin, AccessEcon, vol. 44(3), pages 880-888.
    2. Pierre Dehez, 2024. "Cooperative Product Games," International Game Theory Review (IGTR), World Scientific Publishing Co. Pte. Ltd., vol. 26(01), pages 1-13, March.

    More about this item

    Keywords

    Probability games ; product games ; Shapley value;
    All these keywords.

    JEL classification:

    • C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games

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