Application of Aumann–Shapley prices for an allocation problem

Application of Aumann–Shapley prices for an allocation problem

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Article ID: iaor20023399
Country: China
Volume: 16
Issue: 2
Start Page Number: 133
End Page Number: 137
Publication Date: Apr 2001
Journal: Journal of Systems Engineering and Electronics
Authors: , ,
Abstract:

Based on non-atomic game theory, the Aumann–Shapley (A–S) prices, which are determined by five strong atomic, are used to allocate the joint cost or surplus. In addition, we discuss how to share the profit of joint enterprises by A–S prices when the surplus function is defined by the solution of a certain mathematical programming problem.

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