English

The Prediction value

Computer Science and Game Theory 2017-07-10 v1

Abstract

We introduce the prediction value (PV) as a measure of players' informational importance in probabilistic TU games. The latter combine a standard TU game and a probability distribution over the set of coalitions. Player ii's prediction value equals the difference between the conditional expectations of v(S)v(S) when ii cooperates or not. We characterize the prediction value as a special member of the class of (extended) values which satisfy anonymity, linearity and a consistency property. Every nn-player binomial semivalue coincides with the PV for a particular family of probability distributions over coalitions. The PV can thus be regarded as a power index in specific cases. Conversely, some semivalues -- including the Banzhaf but not the Shapley value -- can be interpreted in terms of informational importance.

Keywords

Cite

@article{arxiv.1311.5728,
  title  = {The Prediction value},
  author = {Maurice Koster and Sascha Kurz and Ines Lindner and Stefan Napel},
  journal= {arXiv preprint arXiv:1311.5728},
  year   = {2017}
}

Comments

26 pages, 2 tables

R2 v1 2026-06-22T02:12:52.785Z