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In the current literature of differential games, most studies formulate optimal strategies in feedback (Markovian) equilibriums and ignore repeated interactions among players. In many real-world settings, however, the competitors’ action history may have impacts on a firm’s decisions. This...
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Deterministic congestion pricing has attracted most attentions in the literature. But little attention has been given to pricing under uncertainty, especially for heterogeneous commuters. In this paper, we investigate congestion externalities by considering commuters’ risk preferences and...
Persistent link: https://www.econbiz.de/10010595246
In this paper, we consider dynamic congestion pricing in the presence of demand uncertainty. In particular, we apply a robust optimization (RO) approach based on a bi-level cellular particle swarm optimization (BCPSO) to optimal congestion pricing problems when flows correspond to dynamic user...
Persistent link: https://www.econbiz.de/10010595259
On the strength of the status quo of Chinese land transfer, the changes of the county agricultural production factor market arising from land transfer from four aspects covering land market, agricultural capital market, agricultural labor market and agricultural science and technology. The...
Persistent link: https://www.econbiz.de/10008916090
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Historically, congestion pricing is considered to be an efficient mechanism used to decrease total social cost by charging users' true costs including congestion externalities. Congestion pricing under uncertainty has been relatively little studied. In this paper, we review the literature on...
Persistent link: https://www.econbiz.de/10008868407
On whether property taxes are progressive, there are three different views. Through comparative analysis ,it is found that the view is more persuasive that property taxes are progressive. In our current socio-economic environment, property tax reform can effectively improve the unfair situation...
Persistent link: https://www.econbiz.de/10011150759
We introduce the idea of a European-type congestion call option to value commuting to work along a given path for a given departure time selected by automobile drivers who are modeled as Cournot-Nash non-cooperative agents competing for limited roadway capacity when the alternative of...
Persistent link: https://www.econbiz.de/10005227978
This dissertation investigates the effects of real-time information on supply chain operations and strategies as well as an inventory control problem with retail pre-packs in three essays. The first essay considers an order promising problem in the presence of pseudo order information in an...
Persistent link: https://www.econbiz.de/10009449957