Coalitional games

Coalitional games are a type of game theory that focus on how groups of players can form alliances or coalitions to achieve better outcomes. In these games, the players work together to maximize their collective payoff, rather than competing against each other individually. Each coalition can negotiate and share the rewards based on their contributions. The central challenge is to determine how to distribute the total gains fairly among the members of the coalition, ensuring that everyone feels they are benefiting from the alliance. Overall, coalitional games explore cooperation and collective strategy in decision-making.