Proceedings of the First International Conference on Information Sciences, Machinery, Materials and Energy

The Correction Algorithm of Coalition’s Allocation with Random Payoffs

Authors
Zhongfu Qin, Hanfei Li, Xianrong Wei
Corresponding Author
Zhongfu Qin
Available Online July 2015.
DOI
10.2991/icismme-15.2015.233How to use a DOI?
Keywords
Coalition; Shapley; the Marginal Contribution; Risk Sharing.
Abstract

Combined with the characteristic of random payoffs for a coalition, this study mainly analyzes the achievement of profit allocation among the players with certain payoffs and random payoffs in coalition and study the inadequate of existing results. Then allowing for the effect of risk on the allocation of random payoffs among the players, this paper constructs a model about the risk sharing which is used to correct the allocation of coalition’s random payoffs based on the Shapley value. The final result is a comprehensive reflection of the marginal contribution and the principle of risk compensation, which is quite reasonable.

Copyright
© 2015, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the First International Conference on Information Sciences, Machinery, Materials and Energy
Series
Advances in Intelligent Systems Research
Publication Date
July 2015
ISBN
978-94-62520-67-7
ISSN
1951-6851
DOI
10.2991/icismme-15.2015.233How to use a DOI?
Copyright
© 2015, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Zhongfu Qin
AU  - Hanfei Li
AU  - Xianrong Wei
PY  - 2015/07
DA  - 2015/07
TI  - The Correction Algorithm of Coalition’s Allocation with Random Payoffs
BT  - Proceedings of the First International Conference on Information Sciences, Machinery, Materials and Energy
PB  - Atlantis Press
SP  - 1100
EP  - 1103
SN  - 1951-6851
UR  - https://doi.org/10.2991/icismme-15.2015.233
DO  - 10.2991/icismme-15.2015.233
ID  - Qin2015/07
ER  -