Authors

Pradeep Dubey

Document Type

Discussion Paper

Publication Date

3-1-2018

CFDP Number

2123

CFDP Pages

9

Journal of Economic Literature (JEL) Code(s)

C71, C72, D61, D63, D70, D79

Abstract

We show that any transferable utility game can be represented by an assignment of facilities to players, in which it is intuitively obvious how to allocate the total cost of the facilities. The intuitive solution in the representation turns out to be the Shapley value of the game, and thus serves as an alternative justification of the value.

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