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Bob, Ted and Lucy share a taxi to travel home They all get on the taxi at the same place, and the taxe. travelling along

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Bob, Ted and Lucy share a taxi to travel home They all get on the taxi at the same place, and the taxe. travelling along a straight road, passes Bob's home first, then Ted's home, and finally gets to Lucy's home If they travelled alone the fares for Bob, Ted and Lucy would be R6, R12 and R42 respectively Find an appropriate characteristic function for this situation, and use the Shapley value to determine the amount each should pay when sharing the taxi (15)

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