The paper undertakes a cross-sectoral analysis of a salient empirical implication of the model of tacit collusion advanced by Abreu et al (1986). Specifically, the prevalence of a first order Markovian process for alternating between price wars and collusive periods is assessed by means of...

Nowadays, manufacturers are increasingly adopting direct channels to increase financial performance and improve services. Location-sensitive mobile channel helps retailers attract nearby incumbent consumers. How such a channel influences supply chain performance is unknown. In this paper, we...

We address a quality control problem frequently encountered in multi-stage pharmaceutical supply chains transporting drugs from a producer to a wholesaler and eventually to retailers (pharmacies). Depending on the transportation modes and storage methods used, the stages may expose the drugs to...

Our hypothesis is that both the transition phases and the diversity of trajectories of post-communist countries are the result of a significant difference in actors' strategic behavior. If we apply game theory to the socioeconomic context of post-communist evolution, this difference reflects the...

The purpose of this paper is to review the literature on coordination failures, apply game theory to coordination issues within selected rural development projects in order to develop a set of guidelines to avoid and minimize coordination failures. The ultimate aim is to promote development...

Our goal in this article is to examine the strategic interaction between terror groups, hosts, and the United States in order to better understand the parameters of the interaction and the elements of a winning strategy. We adopt a game theoretic approach assuming that each player has a well...

The aim of this paper is to propose a methodology to stabilize the financial markets using Game Theory and in particular the Complete Study of a Differentiable Game, introduced in the literature by David Carfì. Specifically, we will focus on two economic operators: a real economic subject and a...

We consider a supply channel composed of one manufacturer and two retailers. Three cases are studied. The non-cooperative one is a leader-follower relationship. The manufacturer determines his spending in national advertising and the whole sale price. Then, the retailers determine...

This article presents an application of S-GaMMES in order to study the evolution of the natural gas trade in northwestern Europe. S-GaMMES is a stochastic dynamic Generalized Nash-Cournot model that describes the evolution of the natural gas markets. The major gas chain players are depicted...