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A Value for n-Person Games

Authors: Lloyd S. Shapley

Published: 1953 (Other)

Source: Princeton University Press

Algorithm: Shapley Value

DOI: 10.1515/9781400829156-012

Summary

Defines the Shapley Value, a unique allocation rule for cooperative n-player games derived from four axioms: efficiency, symmetry, the null player property, and additivity. The Shapley value assigns each player a fair share of the total coalition value based on their marginal contributions across all possible orderings. It became the mathematical foundation for SHAP feature attribution in machine learning.

Abstract

Tags

  • Game theory

  • Cooperative games

  • Shapley value

  • Fair allocation

  • Axiomatic game theory