Showing 1 - 10 of 45,435
types of products are substitutable each other to end customers. The manufacturer makes its decision on raw materials …
Persistent link: https://www.econbiz.de/10012757795
In this paper we review known minimax results with applications ingame theory and show that these results are easy consequences of thefirst minimax result for a two person zero sum game with finite strategysets published by von Neumann in 1928: Among these results are thewell known minimax...
Persistent link: https://www.econbiz.de/10014031493
In this paper the well-known minimax theorems of Wald, Ville and Von Neumann are generalized under weaker topological conditions on the payoff function f and/or extended to the larger set of the Borel probability measures instead of the set of mixed strategies
Persistent link: https://www.econbiz.de/10014032778
In this note we review some known minimax theorems with applications in game theory and show that these results form an equivalent chain which includes the strong separation result in finite dimensional spaces between two disjoint closed convex sets of which one is compact. By simplifying the...
Persistent link: https://www.econbiz.de/10014027077
In this paper we introduce a new class of OR games: economic lot-sizing (ELS) games. There are a number of retailers that have a known demand for a fixed number of periods. To satisfy demand the retailers order products at the same manufacturer. By placing joint orders instead of individual...
Persistent link: https://www.econbiz.de/10014028555
In the first chapter of this book the basic results within convex and quasiconvex analysis are presented. In Section 2 we consider in detail the algebraic and topological properties of convex sets within Rn together with their primal and dual representations. In Section 3 we apply the results...
Persistent link: https://www.econbiz.de/10014028883
Persistent link: https://www.econbiz.de/10003622423
Discrete Markov Processes and Numerical Algorithms for Markov Chains -- Markov Decision Processes and Stochastic … decision problems and determining Nash equilibria for related stochastic games with average and total expected discounted …
Persistent link: https://www.econbiz.de/10014451769
The paper reports laboratory experiments on a day-to-day route choice game with two routes. Subjects had to choose between a main road M and a side road S. The capacity was greater for the main road. 18 subjects participated in each session. In equilibrium the number of subjects is 12 on M and 6...
Persistent link: https://www.econbiz.de/10011506494
The paper reports laboratory experiments on a day-to-day route choice game with two routes. Subjects had to choose between a main road M and a side road S. The capacity was greater for the main road. 18 subjects participated in each session. In equilibrium the number of subjects is 12 on M and 6...
Persistent link: https://www.econbiz.de/10001771947