Overlapping coalition formation in game theory: A state-of-the-art review

Date

2021-02-20

Advisors

Journal Title

Journal ISSN

ISSN

0957-4174

Volume Title

Publisher

Elsevier

Type

Article

Peer reviewed

Yes

Abstract

A coalition as a group of agents aims to work jointly to earn much more gains as a result of their cooperation. Many existing studies assumed that members take advantage of joining one coalition at a time, albeit the importance of coalition formation problems. Therefore, more attention to overlapping coalitions needs to be paid to optimize resource management by forming in multiple overlapping coalitions simultaneously. Roughly speaking, the related literature includes two main streams; (i) theoretical foundations of coalition formation games and, (ii) the coalition structure generation problems. This paper first aims to provide a review of coalition structure generation at large to develop a taxonomic framework and classify existing literature, viz. macro analysis. The second aim is to review studies on overlapping coalitions thoroughly, viz. micro analysis. The micro analysis present and discuss different models of overlapping coalition games and related solution concepts as well as surveying all solving approaches for overlapping coalition structure generation. Finally, the outstanding challenges and opportunities for future research considerations are discussed and shared.

Description

The file attached to this record is the author's final peer reviewed version. The Publisher's final version can be found by following the DOI link.

Keywords

Game theory, Coalition formation, Coalition structure generation, Overlapping coalition formation

Citation

Mahdiraji, H. A., Razghandi, E., Hatami-Marbini, A. (2021) Overlapping coalition formation in game theory: A state-of-the-art review. Expert Systems with Applications, 114752.

Rights

Research Institute