Consider a cooperative game in characteristic form with three players.
Four students are choosing colleges to go to. There are four colleges and each collegecan accept only one student. Students’ preferences are represented by the followinglists:s1s2s3s4c1c2c1c1c2c4c4c3c3c3c2c4s1s2s3s4c4c1c3c2Each college has preferences (rankings) over students which is represented by thefollowing lists:c1c2c3c4s4s2s1s1s3s1s2s4s2s3s3s3s1s4s4s2c1c2c3c4(a) Suppose the allocation of student to schools is implemented using serial dicta-torship mechanism with the following ranking […]