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The main objects here are Nash equilibria in spatial Cournot oligopolies when profits depend on coordinated distribution. Production is non-cooperative, but the subsequent transportation must be performed jointly to minimize costs. Cournot-Nash equilibria for this two-stage game with partial...
Persistent link: https://www.econbiz.de/10013155252
Much research focuses on development of new agricultural technologies to reduce poverty levels of the large population of smallholder farms in Sub Saharan Africa. In this paper we argue that smallholders can also increase their production in a different way, namely by using their resources more...
Persistent link: https://www.econbiz.de/10012723805
In this note we consider the cooperative linear quadratic control problem. That is, the problem where a number of players, all facing a (different) linear quadratic control problem, decide to cooperate in order to optimize their performance.It is well-known, in case the performance criteria are...
Persistent link: https://www.econbiz.de/10012730099
We consider the well-known one dimensional cutting stock problem (1CSP). Based on the pattern structure of the classical ILP formulation of Gilmore and Gomory, we can decompose the infinite set of 1CSP instances, with a fixed demand n, into a finite number of equivalence classes. We show up a...
Persistent link: https://www.econbiz.de/10013053629
In this article we derive necessary and sufficient conditions for the existence of Pareto optimal solutions for an N player cooperative infinite horizon differential game. Firstly, we write the problem of finding Pareto candidates as solving N constrained optimal control subproblems. We derive...
Persistent link: https://www.econbiz.de/10014194567
Linear programming is widely used by multiproduct oil-refining firms which minimize a refinery’s variable cost under a set of constraints. In addition to operating costs, this variable cost can include the cost associated with the refinery’s CO2 emissions. We suggest a quite general approach...
Persistent link: https://www.econbiz.de/10014200211
This paper proposes a novel method of global optimization based on host-parasite co-evolution. It also develops a Fortran-77 code for the algorithm. The algorithm has been tested on 100 benchmark functions (of which the results of 32 relatively harder problems have been reported). In its search...
Persistent link: https://www.econbiz.de/10014152540
In this note we present as well necessary as sufficient conditions for existence of a Pareto optimum for general non-convex differential games. The obtained results are used to analyze the non-convex regular indefinite linear quadratic differential game. For the scalar case an algorithm is...
Persistent link: https://www.econbiz.de/10014049858
Conventional data envelopment analysis (DEA) for measuring the relative efficiency of a set of decision-making units (DMUs) requires the observations to have precise values. When observations are imprecise and represented by interval values, the efficiencies are also expected to reflect interval...
Persistent link: https://www.econbiz.de/10014042568
A situation in which a finite set of players can obtain certain payoffs by cooperation can be described by a cooperative game with transferable utility, or simply a TU-game. A (single-valued) solution for TU-games assigns a payoff distribution to every TU-game. A well-known solution is the...
Persistent link: https://www.econbiz.de/10011377258