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Given a set of players and the cost of each possible coalition, the question we address is which coalitions should be formed. We formulate mixed integer linear programming models for this problem, considering core stability and strong equilibrium. The objective function looks for minimizing the...
Persistent link: https://www.econbiz.de/10011097706
Infrastructure security against possible attacks involves making decisions under uncertainty. This paper presents game theoretic models of the interaction between an adversary and a first responder in order to study the problem of security within a transportation infrastructure. The risk measure...
Persistent link: https://www.econbiz.de/10011097708
In the framework of spatial competition, two or more players strategically choose a location in order to attract consumers. It is assumed standardly that consumers with the same favorite location fully agree on the ranking of all possible locations. To investigate the necessity of this...
Persistent link: https://www.econbiz.de/10011097717
We analyze the role of quality, which we define as an attribute of a product that increases consumers’ willingness to buy, as a competitive tool in a quality-price setting. We consider an incumbent’s entry-deterrence strategies using quality as a deterrent when faced by a potential entrant....
Persistent link: https://www.econbiz.de/10011097723
production costs. In the first stage of the game, which is modeled as a non-cooperative game among suppliers, suppliers make … knowledge sharing. We model this knowledge exchange as a cooperative game among suppliers in which, as a result of cooperation …, all suppliers achieve reductions in their fixed costs. In the non-cooperative game, the suppliers anticipate the cost …
Persistent link: https://www.econbiz.de/10011097724
This paper discusses the way that different operational characteristics including existing capacity, scale economies, and production policy have an important influence on the capacity outcomes when firms compete in the market place. We formulate a game-theoretical model where each firm has an...
Persistent link: https://www.econbiz.de/10011097740
average payoff. We formulate this problem as a non-cooperative stochastic game with multiple players. By utilizing the problem …
Persistent link: https://www.econbiz.de/10011097770
Horizontal collaboration among shippers is gaining traction as a way to increase logistic efficiency. The total distribution cost of a logistic coalition is generally between 9% and 30% lower than the sum of costs of each partner distributing separately. However, the coalition gain is highly...
Persistent link: https://www.econbiz.de/10011097830
The paper surveys the literature on cooperative advertising in marketing channels (supply chains) using game theoretic …
Persistent link: https://www.econbiz.de/10011097856
This paper presents a new formulation of (approach to) threat analysis and management of security understood in a wide sense. Threats have been analyzed in a wide theoretical-methodological spectrum. Particular emphasis is put on the need for the system-wide analysis of threats, especially...
Persistent link: https://www.econbiz.de/10011098740