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Transport cost is second in importance after production cost in industry. It is the purpose of the present paper to study the impact of information sharing and contractual instruments between a supply chain and its transport suppliers. After reviewing the literature, we propose a model to...
Persistent link: https://www.econbiz.de/10005561824
bargain through some extensive game form. We take an implementation approach, characterizing the possible allocation rules …
Persistent link: https://www.econbiz.de/10005062338
We characterize the outcomes of games when players may make binding offers of strategy contingent side payments before the game is played. This does not always lead to efficient outcomes, despite complete information and costless contracting. The characterizations are illustrated in a series of...
Persistent link: https://www.econbiz.de/10005134969
of a resource among multiple users. Unlike most mechanisms in the economics litterature, PSP is designed with a very … for each user, regardless of other players' actions. Using a prototype implementation of the auction game on the Internet …
Persistent link: https://www.econbiz.de/10005407539
, and discusses the application of population game techniques to strategic situations other than $N$-player random-matching …
Persistent link: https://www.econbiz.de/10005407624
We develop a theory of stability in many-to-many matching markets. We give conditions under which the setwise … theory parallels the standard theory of stability for many-to-one, and one-to- one, models. We provide results for a number …
Persistent link: https://www.econbiz.de/10005062394
I count the number of combinatorial choice rules that satisfy certain properties: Kelso-Crawford substitutability, and … independence of irrelevant alternatives. The results are important for two-sided matching theory, where agents are modeled by … implications for the Gale-Shapley algorithm of matching theory. …
Persistent link: https://www.econbiz.de/10005118545
the relation-ships between growth in turnover, stability and effectivity are shown. In conclusion a number of …
Persistent link: https://www.econbiz.de/10005125669
growth and inflation to the specification of the estimating model; second, to test the stability of their relationship in the … cost function, and run the appropriate stability and causality tests. …
Persistent link: https://www.econbiz.de/10005126201
Demand for money is an important macroeconomic relationship. Its stability has implications for the choice of monetary … policy targets. This paper estimates demand for narrow money in Fiji and evaluates its robustness and stability. It is found …
Persistent link: https://www.econbiz.de/10005126361