Abstract

In this paper we extend the notion of Shapley value to the stochastic cooperative games. We give the definition of marginal vector to the stochastic cooperative games and we define the Shapley value for this game. Furthermore, we discuss the axioms of the Shapley value and give the proofs of these axioms.

Highlights

  • The Shapley Value for Stochastic Cooperative GameYing Ma(Corresponding author) Department of Science, Yanshan University 438 west of He Bei Avenue, Qin Huangdao 066004, China

  • The payoffs of a coalition in cooperative games are assumed to be known with certainty

  • Stochastic cooperative games Let us first recall some of the definitions concerning stochastic cooperative games as introduced by Suijs et al (1999)

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Summary

The Shapley Value for Stochastic Cooperative Game

Ying Ma(Corresponding author) Department of Science, Yanshan University 438 west of He Bei Avenue, Qin Huangdao 066004, China. The research is financed by the foundation for the edbiz of He Bei province of China(2004468)and the foundation for the natural science of He Bei province of China(A2005000301) Abstract In this paper we extend the notion of Shapley value to the stochastic cooperative games. We give the definition of marginal vector to the stochastic cooperative games and we define the Shapley value for this game. We discuss the axioms of the Shapley value and give the proofs of these axioms.

Introduction
First we prove

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