Article ID: | iaor2009578 |
Country: | Netherlands |
Volume: | 158 |
Issue: | 1 |
Start Page Number: | 99 |
End Page Number: | 115 |
Publication Date: | Feb 2008 |
Journal: | Annals of Operations Research |
Authors: | Bilbao J.M., Jimnez N., Lpez J.J., Fernndez J.R. |
The aim of the present paper is to study a one-point solution concept for bicooperative games. For these games introduced by Bilbao (2000), we define a one-point solution called the Shapley value, since this value can be interpreted in a similar way to the classical Shapley value for cooperative games. The main result of the paper is an axiomatic characterization of this value.