Cooperative grey games and the grey Shapley value |
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Authors: | O. Palancı S. Ergün G.-W. Weber |
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Affiliation: | 1. Faculty of Arts and Sciences, Department of Mathematics, Süleyman Demirel University, Isparta, Turkey.;2. Institute of Applied Mathematics, Middle East Technical University, Ankara, Turkey. |
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Abstract: | This contribution is located in the common area of operational research and economics, with a close relation and joint future potential with optimization: game theory. We focus on collaborative game theory under uncertainty. This study is on a new class of cooperative games where the set of players is finite and the coalition values are interval grey numbers. An interesting solution concept, the grey Shapley value, is introduced and characterized with the properties of additivity, efficiency, symmetry and dummy player, which are straightforward generalizations of the corresponding properties in the classical cooperative game theory. The paper ends with a conclusion and an outlook to future studies. |
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Keywords: | cooperative games uncertainty interval grey numbers Shapley value operations research |
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