Mertens, Jean-François
[UCL]
Selected applications of the NTU Shapley value to settings other than that of general equilibrium in perfect competition. Three models are considered: Taxation and Redistribution, Public Goods, and Fixed Prices. In each case, the value leads to significant conceptual insights which, while compelling once understood, are far from obvious at the outset.
Bibliographic reference |
Mertens, Jean-François. Some other economic applications of the value. In: R.J. Aumann & S. Hart, Handbook of Game Theory, Volume 3, Elsevier Science : Amsterdam, Netherlands 2002, p. 2186-2201 |
Permanent URL |
http://hdl.handle.net/2078/23397 |