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We study multistep Bayesian betting strategies in coin-tossing games in the framework of game-theoretic probability of Shafer and Vovk (2001). We show that by a countable mixture of these strategies, a gambler or an investor can exploit…

Trading and Market Microstructure · Quantitative Finance 2010-08-23 Kei Takeuchi , Masayuki Kumon , Akimichi Takemura

The Shapley value is arguably the most central normative solution concept in cooperative game theory. It specifies a unique way in which the reward from cooperation can be "fairly" divided among players. While it has a wide range of real…

Computer Science and Game Theory · Computer Science 2014-02-14 Sasan Maleki , Long Tran-Thanh , Greg Hines , Talal Rahwan , Alex Rogers

Stackelberg games originate where there are market leaders and followers, and the actions of leaders influence the behavior of the followers. Mathematical modelling of such games results in what's called a Bilevel Optimization problem.…

Computer Science and Game Theory · Computer Science 2023-12-07 Pravesh Koirala , Forrest Laine

In this research, we address the problem of computing the Shapley value in minimum-cost spanning tree (MCST) games. We introduce the saving game as a key framework for approximating the Shapley value. By reformulating MCST games into their…

Computer Science and Game Theory · Computer Science 2026-03-25 Takumi Jimbo , Tomomi Matsui

Feature attribution for kernel methods is often heuristic and not individualised for each prediction. To address this, we turn to the concept of Shapley values~(SV), a coalition game theoretical framework that has previously been applied to…

Machine Learning · Statistics 2022-05-27 Siu Lun Chau , Robert Hu , Javier Gonzalez , Dino Sejdinovic

Cohort Shapley value is a model-free method of variable importance grounded in game theory that does not use any unobserved and potentially impossible feature combinations. We use it to evaluate algorithmic fairness, using the well known…

Machine Learning · Computer Science 2021-05-20 Masayoshi Mase , Art B. Owen , Benjamin B. Seiler

Shapley effects are attracting increasing attention as sensitivity measures. When the value function is the conditional variance, they account for the individual and higher order effects of a model input. They are also well defined under…

Computation · Statistics 2021-10-13 Elmar Plischke , Giovanni Rabitti , Emanuele Borgonovo

A large branch of explainable machine learning is grounded in cooperative game theory. However, research indicates that game-theoretic explanations may mislead or be hard to interpret. We argue that often there is a critical mismatch…

Machine Learning · Computer Science 2024-10-28 Luca Franceschi , Michele Donini , Cédric Archambeau , Matthias Seeger

Shapley values have several desirable, theoretically well-supported, properties for explaining black-box model predictions. Traditionally, Shapley values are computed post-hoc, leading to additional computational cost at inference time. To…

Machine Learning · Computer Science 2025-07-16 Amr Alkhatib , Roman Bresson , Henrik Boström , Michalis Vazirgiannis

For $f$ a weighted voting scheme used by $n$ voters to choose between two candidates, the $n$ \emph{Shapley-Shubik Indices} (or {\em Shapley values}) of $f$ provide a measure of how much control each voter can exert over the overall outcome…

Computer Science and Game Theory · Computer Science 2012-12-21 Anindya De , Ilias Diakonikolas , Rocco A. Servedio

People choose their strategies through a trial-and-error learning process in which they gradually discover that some strategies work better than others. The process can be modelled as an evolutionary game dynamics system, which may be…

Theoretical Economics · Economics 2023-02-21 Wang Zhijian

We study the efficient computation of Shapley values for \emph{product games} -- cooperative games in which the coalition value factorizes as a product of per-player terms. Such games arise in machine learning explainability whenever the…

Machine Learning · Computer Science 2026-05-19 Majid Mohammadi , Grigory Reznikov , Pavel Sinitcyn , Krikamol Muandet , Siu Lun Chau

Over the recent years, Shapley value (SV), a solution concept from cooperative game theory, has found numerous applications in data analytics (DA). This paper presents the first comprehensive study of SV used throughout the DA workflow,…

Databases · Computer Science 2025-07-09 Hong Lin , Shixin Wan , Zhongle Xie , Ke Chen , Meihui Zhang , Lidan Shou , Gang Chen

Decades after David Gale presented the concept of Chomp and S.-Y.R. Li produced his very first multiplayer model to investigate Multiplayer Nim, we hereby establish another Multiplayer Model to specifically analyze Chomp. Under such model,…

Combinatorics · Mathematics 2021-12-21 Purui Zhang

For feature selection and related problems, we introduce the notion of classification game, a cooperative game, with features as players and hinge loss based characteristic function and relate a feature's contribution to Shapley value based…

Machine Learning · Statistics 2021-04-27 Sandhya Tripathi , N. Hemachandra , Prashant Trivedi

This article uses data from two experimental studies of two-person Prisoner's Dilemma games [1, 2] and compares the data with the theoretic predictions calculated with the use of a quantum game theoretical method. The experimental findings…

Quantum Physics · Physics 2007-07-23 Matthias Hanauske , Steffen Bernius , Wolfgang Köenig , Berndt Dugall

In cooperative game theory, associated games allow for providing meaningful characterizations of solution concepts. Moreover, generalized values allow computing an influence or power index of each coalition in a game. In this paper, we view…

Computer Science and Game Theory · Computer Science 2023-03-31 Antonio Mastropietro , Francesco Vaccarino

This article introduces a class of $Nash$ games among $Stackelberg$ players ($NASPs$), namely, a class of simultaneous non-cooperative games where the players solve sequential Stackelberg games. Specifically, each player solves a…

Computer Science and Game Theory · Computer Science 2025-03-04 Margarida Carvalho , Gabriele Dragotto , Felipe Feijoo , Andrea Lodi , Sriram Sankaranarayanan

In stochastic Nash equilibrium problems (SNEPs), it is natural for players to be uncertain about their complex environments and have multi-dimensional unknown parameters in their models. Among various SNEPs, this paper focuses on locally…

Optimization and Control · Mathematics 2022-04-06 Yuanhanqing Huang , Jianghai Hu

This paper proves the existence and uniqueness results (in the sense of maximally defined regularity) as well as the stability analysis for the solutions to a class of nonlocal fully-nonlinear parabolic systems, where the nonlocality stems…

Analysis of PDEs · Mathematics 2023-09-11 Qian Lei , Chi Seng Pun