Potential, value, and random partitions
- We provide a new interpretation of the potential of the Shapley value as the expected worth of some random partition of the player set. Using this insight, we advocate the potential as an index of power concentration in simple monotonic games.
| Document Type: | Article |
|---|---|
| Language: | English |
| Author: | André CasajusORCiD |
| Chairs and Professorships: | Chair of Economics and Information Systems |
| DOI: | https://doi.org/10.1016/j.econlet.2014.08.037 |
| Year of Completion: | 2014 |
| Note: | In: Economics Letters, 125 (2014) 2, 164-166 |