Compute the stand-alone costs

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Ann and Bob can put together their orders for a homogeneous good. Ann wants 9 units of the good, and Bob wants 16 units. If Q is the total amount ordered, the cost of the order is sqrt Q:

(a) Compute the stand-alone costs for all subsets of agents.

(b) Compute the Shapley value.

Reference no: EM133063887

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