In this paper we consider coalition configurations (Albizuri et al. in Games Econ Behav 57:1–17, 2006), that is, families of coalitions not necessarily disjoint whose union is the grand coalition, and give a generalization of the Shapley value (Contributions to the theory of games II, Princeton University Press, Princeton, pp 307–317, 1953) and the Owen value (Essays in mathematical economics and game theory, Springer, Berlin, pp 76–88, 1977) when coalition configurations form. This will be an alternative definition to the one given by Albizuri et al.
Shapley value Owen value Coalition configurations
This is a preview of subscription content, log in to check access.
This paper has benefit from the comments of two anonymous referees. Usual disclaimer applies.