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The Ranking Problem of Alternatives as a Cooperative Game

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Abstract:

This paper considers the ranking problem of candidates for a certain position based on ballot papers filled by voters. We suggest a ranking procedure of alternatives using cooperative game theory methods. For this, it is necessary to construct a characteristic function via the filled ballot paper profile of voters. The Shapley value serves as the ranking method. The winner is the candidate having the maximum Shapley value. And finally, we explore the properties of the designed ranking procedure.

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