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A reformulated Shapley-like value for cooperative games with interval payoffs
Abstract:In this paper, a new value for cooperative interval games is proposed which may remedy the disadvantages of the interval Shapley-like value and of the improved interval Shapley-like value introduced by Han et al. (2012). Moreover, it is shown that the reformulated interval value uniquely satisfies the properties of efficiency, indifference null player, symmetry, and additivity.
Keywords:Cooperative interval game  Shapley-like value  Axiomatization  Efficiency
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