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Lloyd Shapley made significant contributions to which allocation theory?

  • Resource Allocation

  • Stable Marriage Problem

  • Quantum Allocation

  • Dynamic Allocation

Answer

Stable Marriage Problem: Lloyd Shapley's contributions to the Stable Marriage Problem, which involves matching a set of men and women into pairs such that no two individuals prefer each other's current partners. Shapley developed the Gale-Shapley algorithm, which efficiently finds a stable matching, ensuring fairness and stability in the allocation process.
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