Players are assumed to rank each other as coalition partners. Two processes of coalition formation are defined and … illustrated: i) Fallback (FB): Players seek coalition partners by descending lower and lower in their preference rankings until … some majority coalition, all of whose members consider each other mutually acceptable, forms. ii) Build-up (BU …

models of coalition formation:• Fallback (FB): Players seek coalition partners by descending lower and lower in their … preference rankings until a majority coalition forms.• Build-Up (BU): Similar to FB, except that when nonmajority subcoalitions … convergence process.FB better reflects the unconstrained, or nonmyopic, possibilities of coalition formation, whereas BU - because …

Players are assumed to rank each other as coalition partners. Two processes of coalition formation are defined and … illustrated: - Fallback (FB): Players seek coalition partners by descending lower and lower in their preference rankings until … some majority coalition, all of whose members consider each other mutually acceptable, forms. - Build-up (BU): Same descent …

models of coalition formation: - Fallback (FB): Players seek coalition partners by descending lower and lower in their … preference rankings until a majority coalition forms. - Build-Up (BU): Similar to FB, except that when nonmajority subcoalitions … convergence process. FB better reflects the unconstrained, or nonmyopic, possibilities of coalition formation, whereas BU …