Shapley Value

Composed in honour of the sixty-fifth birthday of Lloyd Shapley, this volume makes accessible the large body of work that has grown out of Shapley''s seminal 1953 paper. Each of the twenty essays concerns some aspect of the Shapley value. Three of the chapters are reprints of the ''ancestral'' papers: Chapter 2 is Shapley''s original 1953 paper defining the value; Chapter 3 is the 1954 paper by Sh...