Variational inequality theory facilitates the formulation of equilibrium problems in economic networks. Examples of successful applications include models of supply chains, financial networks, transportation networks, and electricity networks. Previous economic network equilibrium models that...

Electrical and electronic equipment waste (e-waste) is growing fast. Due to its potential economic value as well as its possible negative impacts on the environment, tracing e-waste flow is a major concern for stakeholders of e-waste management. Especially, whether or not adequate amounts of...

In this paper, we develop an integrated framework for the modeling of reverse supply chain management of electronic waste, which includes recycling. We describe the behavior of the various decision-makers, consisting of the sources of electronic waste, the recyclers, the processors, as well as...

Without using a technical language, but using the universal language of mathematics, we provide simple but significant laws, as Deficit Formula, Balance Law and Liability Formula, for the management of the world economy. Decisions, under these laws, for the recovery of the economy and for the...

In this paper, we develop a static electric power supply chain network equilibrium model with known demands and establish the equivalence between the model and a transportation network equilibrium model with fixed demands over an appropriately constructed supernetwork. This equivalence yields a...

In this paper we consider a supply chain network model with three tiers of decision-makers (manufacturers, retailers, and consumers) in the case when prices and shipments are evolving on time. Moreover, we assume that excesses of production and excesses of demand of the commodity are present....

This book offers a comprehensive analysis of dynamic networks and evolutionary variational inequalities, a topic of growing prominence in the study of networks. The extraordinary importance of networks in finance, mathematics, computer science and other areas is well known but the relatively new...

Applying agent-based modeling and simulation (ABMS) methodology, this paper analyzes the impact of alternative production–sales policies on the diffusion of a new generic product and the generated NPV of profit. The key features of the ABMS model, that captures the marketplace as a complex...