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On ordinal equivalence of the Shapley and Banzhaf values for cooperative games
Authors:Josep Freixas
Institution:1. Department of Applied Mathematics III, Engineering School of Manresa, Technical University of Catalonia, EPSEM, Av. Bases de Manresa, 61–73, 08242, Manresa, Spain
Abstract:In this paper I consider the ordinal equivalence of the Shapley and Banzhaf values for TU cooperative games, i.e., cooperative games for which the preorderings on the set of players induced by these two values coincide. To this end I consider several solution concepts within semivalues and introduce three subclasses of games which are called, respectively, weakly complete, semicoherent and coherent cooperative games. A characterization theorem in terms of the ordinal equivalence of some semivalues is given for each of these three classes of cooperative games. In particular, the Shapley and Banzhaf values as well as the segment of semivalues they limit are ordinally equivalent for weakly complete, semicoherent and coherent cooperative games.
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