forum.jpg (4424 bytes)     "Inside  every small problem is a large problem struggling to get out."

Rules Forum Contributors [For contributors only]


Experimental Economics
General Equilibrium
Other Topics
Prisoners Dilemma
Zero Sum Games


Thread and Full Text View

Ask a question about: Other Topics
Respond to the question: Game Theory Landlord Game Shapleys Val?

12/08/2021 05:25 AM by Robin; Game Theory Landlord Game- Shapley's Value
Consider two landlords jointly own the land who can employ k workers, where k=0,1,2,,8. The land can only be used with the consent of the both landlords, and if they employs k workers the profit earned is f(k) dollars. View this as a ten-person cooperative game, and compute the Shapley value for workers and landlords

f(k)=k^2, for k=0,1,2,,8

I know how to calculate Shapley value of a game if there is only one landlord, however I am having trouble to figure out if there is two landlords. Guidance would be very helpful. [Manage messages]