This paper introduces a methodology based on fuzzy game theory to determine the buyer's priority of the attributes and select a product in the e-business system. The game theory model developed in our paper considers the prioritization of attributes as strategies for the player (player 1) in one...

This study seeks to analyze the impact of governmental regulations on the pollution level in a duopoly framework with endogenous market structure. We consider a dirty industry which involves two asymmetric firms, an MNC and a domestic firm, producing a homogenous product, where the MNC is so...

In this paper, we develop a non-cooperative game theoretic model for our problem context in which the competing producers adopt one of the two alternate production and marketing technologies — efficient and inefficient. We examine stability related implications of the producers' decisions...

Horizontal supply chains is the term used when suppliers competing at a particular level of the chain form a coalition to benefit from their cooperation rather than the usual competitive strategies used by them to become part of the supply chain. Such horizontal cooperation among competitors is...

No abstract received.

We consider a two player finite state-action general sum single controller constrained stochastic game with both discounted and average cost criteria. We consider the situation where player 1 has subscription-based constraints and player 2, who controls the transition probabilities, has...

Bermudan option is an option which allows the holder to exercise at pre-specified time instants where the aim is to maximize expected payoff upon exercise. In most practical cases, the underlying dimensionality of Bermudan options is high and the numerical methods for solving partial...

Farkas type results are available for solutions to linear systems. These can also include restrictions such as nonnegative solutions or integer solutions. They show that the unsolvability can be reduced to a single constraint that is not solvable and this condition is implied by the original...

In this paper, we examine several options for modeling local interactions within the framework of evolutionary game theory. Several examples show that there is a major difference between population dynamics using local dynamics versus global dynamics. Moreover, different modeling choices may...

In this paper, we have developed a new method to solve bi-level quadratic linear fractional programming (BLQLFP) problems in which the upper-level objective function is quadratic and the lower-level objective function is linear fractional. In this method a BLQLFP problem is transformed into an...