Optimization of Benefit Allocation in Contracted Water-Saving Projects Based on the Shapley Value Method

Table 11

Modification of Shapley value based on risk sharing in CWSM projects (unit: million yuan).

Core stakeholders	Initial Shapley value	Risk adjustment coefficient	Transfer amount	Modified Shapley value	Trend
Water-saving company Y	4.890	0.723 − 1/3 = 0.390	7.628	12.518	↑
University A	12.714	0.005 − 1/3 = −0.328	−6.415	6.299	↓
Securities company D	1.956	0.272 − 1/3 = −0.062	−1.213	0.743	↓