SHAP is the acronym for SHapley Additive exPlanations derived originally from Shapley values introduced by Lloyd Shapley as a solution concept for cooperative game theory in 1951. SHAP works well with any kind of machine learning or deep learning model. ‘TreeExplainer’ is a fast and accurate algorithm used in all kinds of tree-based models such as random forests, xgboost, lightgbm, and decision trees.