Open AccessAnalysis of cooperative game of benefit distribution of contract for water saving in college based on modified Shapley value method
Author(s) -
Jing Zhu,
L Chen,
Yong Zhao,
Jian Xie
Publication year - 2019
Publication title -
iop conference series. earth and environmental science
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.179
H-Index - 26
eISSN - 1755-1307
pISSN - 1755-1315
DOI - 10.1088/1755-1315/344/1/012157
Subject(s) - shapley value , incentive , compensation (psychology) , service (business) , distribution (mathematics) , cooperative game theory , value (mathematics) , game theory , microeconomics , pareto principle , pareto optimal , computer science , operations research , business , economics , multi objective optimization , operations management , mathematics , marketing , psychology , mathematical analysis , machine learning , psychoanalysis
Using Game Theory as a theoretical tool for studying economic behaviors of both parties, a cooperative game model consisting of water-saving service companies and universities is established according to the characteristics of contract for water saving in college. Benefit allocation plan is solved by using shapley value method’s Characteristic which assigns by contribution degree. After further comprehensive consideration of four factors which impact on benefit distribution, a benefit distribution model of contract for water saving in college is established based on modified Shapley value method. Analysis by example shows water saving benefit flows from university to water-saving service company, achieving optimality in the sense of Pareto. The benefit compensation mechanism formed by the model can generate positive incentives for water-saving service companies. This study has practical significance for benefit distribution of contract for water saving in college.