5. Consider the following three player game where the characteristic function is given by: v({1})=v({2})=v({3})=v({1,2})=0, v({1,3})=v({2,3})=v({1,2,3})=1, and assume that v({Ø}) = 0. a. What set of allocations lie in the core? Justify your answer. b. Compute the Shapley value for this game. Show all your work. c. Does the Shapley value lie in the core? Discuss why this is an important consideration.

Database System Concepts
7th Edition
ISBN:9780078022159
Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
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5. Consider the following three player game where the characteristic function is given by:
v({1})=v({2})=v({3})=v({1,2})=0, v({1,3})=v({2,3})=v({1,2,3})=1, and assume that
v({Ø}) = 0.
a. What set of allocations lie in the core? Justify your answer.
b. Compute the Shapley value for this game. Show all your work.
c. Does the Shapley value lie in the core? Discuss why this is an important
consideration.
Transcribed Image Text:5. Consider the following three player game where the characteristic function is given by: v({1})=v({2})=v({3})=v({1,2})=0, v({1,3})=v({2,3})=v({1,2,3})=1, and assume that v({Ø}) = 0. a. What set of allocations lie in the core? Justify your answer. b. Compute the Shapley value for this game. Show all your work. c. Does the Shapley value lie in the core? Discuss why this is an important consideration.
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