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In this paper, we consider a static model for advertising strategies and pricing decisions in supply chain with one monopolistic manufacturer and two duopolistic retailers. We assume an additive form of the consumer demand which is influenced by retail price and advertising. The manufacturer...
Persistent link: https://www.econbiz.de/10011201778
Game theory is a relevant and powerful tool for analyzing strategic interactions in a supply chain in which the decision of each player affect the payoff of other players. In order to relax the classical two supply chain members’ situation to a three supply chain members’ situation and to...
Persistent link: https://www.econbiz.de/10011201796
This is the first draft of the entry “Game Theory” to appear in the Sage Handbook of the Philosophy of Social Science (edited by Ian Jarvie & Jesús Zamora Bonilla), Part III, Chapter 16.
Persistent link: https://www.econbiz.de/10008620434
Game theory models are ubiquitous in economics, common in political science, and increasingly used in psychology and sociology; in evolutionary biology, they offer compelling explanations for competition in nature. But game theory has been only sporadically applied to the humanities; indeed, we...
Persistent link: https://www.econbiz.de/10008919682
We consider a search game in which a hider chooses to hide in any one of many cells. A searcher looks in any of the cells. The probability of finding the hider depends (a) on the characteristics of the cell, and (b) on whether the searcher looks in the right cell. It is possible that the hider...
Persistent link: https://www.econbiz.de/10009018938
This paper focuses on botnet economics and design of defensive strategies. It takes the view that by combining scarce information on the attackers’ business models, with rational economic analysis of these business processes, one can identify design rules for economic defense mechanisms which...
Persistent link: https://www.econbiz.de/10009021982
This paper examines the use of game theory in educational sciences. It describes the evolution of game theory from the defining axioms of Von Neumann and Morgenstern in 1944 to the present. After the Introduction and this description, the third part presents the methodology used to select...
Persistent link: https://www.econbiz.de/10009148024
A broad nontechnical coverage of many of the developments in game theory since the 1950s is given together with some comments on important open problems and where some of the developments may take place. The nearly 90 references given serve only as a minimal guide to the many thousands of books...
Persistent link: https://www.econbiz.de/10009204991
Within the context of games on networks S. Goyal (Goyal (2007), pg. 39) posed the following problem. Under any arbitrary but fixed topology, does there exist at least one pure Nash equilibrium that exhibits a positive relation between the cardinality of a player's set of neighbors and its...
Persistent link: https://www.econbiz.de/10009207370
In their recent work Thomas S. Schelling (2007, 2010), reiterating original arguments about game theory and its applications to social sciences. In particular, game theory helps to explore situations in which agents make decisions interdependent (strategic communication). Schelling's originality...
Persistent link: https://www.econbiz.de/10009372562