Article ID Journal Published Year Pages File Type
11023410 Economics Letters 2018 5 Pages PDF
Abstract
The Shapley value is commonly illustrated by roll call votes in which players support or reject a proposal in sequence. If all sequences are equiprobable, a voter's Shapley value can be interpreted as the probability of being pivotal, i.e., to bring about the required majority or to make this impossible for others. We characterize the joint probability distributions over cooperation patterns that permit this roll call interpretation: individual votes may be interdependent but must be exchangeable.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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