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The least square values and the shapley value for cooperative TU games
Authors:Irinel Dragan
Affiliation:(1) Department of Mathematics, University of Texas at Arlington, 76019-0408 Arlington, Texas, USA
Abstract:The main result proved in this paper is the fact that any Least Square Value is the Shapley value of a game obtained from the given game by rescaling. An Average per capita formula for Least Square Values, similar to the formula for the Shapley value (Dragan (1992)), will lead to this conclusion and allow a parallel computation for these values. The potential for the Least Square Values, a potential basis relative to Least Square Values and an approach similar to the one used for the Shapley value is allowing us to solve the Inverse problem for Least Square Values.
Keywords:Cooperative TU games  Shapley value  least square values  average per capita formula  potential basis  inverse problem
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