Shapley Value

   

Definition: the Shapley Value is a solution model in cooperative game theory named after Lloyd Shapley, who first introduced and axiomatized it in 1953.
It assigns a unique distribution among the participants of a total surplus generated by the coalition of all participants in any cooperative game.


   
   

Learn more about the Shapley Value



More on decision support: Activity Based Costing, Artificial Intelligence In Marketing, Big Data Analytics, Business Intelligence, Business Performance Management, more...

You may also like: Full-time MBA, Executive MBA, Executive Education, Online MBA.


MBA Brief offers concise, yet precise definitions of concepts, methods and models as taught in a study Master of Business Administration.

We like to keep things short, and provide links to learn more about your subject.


Add MBA Brief to your desktop / iPad

   

© 2023 MBA Brief - Last updated: 8-6-2023  -  Privacy   |   Terms