
Maschler-Shapley Solution
The Maschler-Shapley solution is a method used to fairly allocate resources or outcomes among participants in cooperative games, particularly when there are overlapping contributions and multiple participants. It takes into account each player's potential contributions and the value they bring to the group. By analyzing all possible coalitions—groups of players working together—it helps determine a fair distribution of payoffs based on each player’s influence and effort. This approach aims to reflect the true value contributed by each participant while encouraging cooperation and collaboration among players.