) core is empty if and only if the maximum of generated payoffs (mgp) is greater than the grand coalition’s payoff v(N), or …

coalition theory, we find that the potential benefits of water trade may not be sufficient to make all agents in the river … Sharing ; Water Trade ; Market Emergence ; Property Rights ; Coalition Stability …

Assume that players strictly rank each other as coalition partners. We propose a procedure whereby they "fall back" on … their preferences, yielding internally compatible, or coherent, majority coalition(s), which we call fallback coalitions. If … there is more than one fallback coalition, the players common to them, or kingmakers, determine which fallback coalition …