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This paper introduces an extension of the vehicle routing problem by including several distributors in competition. Each customer is characterized by demand and a wholesale price. Under this scenario a solution may have unserviced customers and elementary routes with no customer visits. The...
Persistent link: https://www.econbiz.de/10011096375
This introduction presents the theme of this volume, the rationale for it, and the history of the conference series from which it originated. It provides also a short description of the papers included.
Persistent link: https://www.econbiz.de/10010883240
We look at the basic applications of cooperative game theory to economic situations. These include bargaining and cooperative equilibria, especially as the number of players increases without bound. The core and the Shapley value are the fundamental tools for these applications. We consider the...
Persistent link: https://www.econbiz.de/10010883241
We consider two-player turn-based game arenas for which we investigate uniformity properties of strategies. These properties involve sets of plays in order to express useful constraints on strategies that are not μ-calculus definable. Typically, we can represent constraints on allowed...
Persistent link: https://www.econbiz.de/10011011331
The impossibility of speculative trade result (Milgrom and Stokey, 1982) provokes the questions why traders care about their private information, if they cannot profit from it and how the aggregate information can then be reflected in REE prices. This paper answers these questions by analyzing a...
Persistent link: https://www.econbiz.de/10005047543
We consider a manufacturer's dual distributions channels consisting on the one hand of a virtual (online) channel operated directly by a manufacturer and on the other hand of a real (offline) channel operated by an intermediate retailer. Customers are assumed heterogeneous in their virtual...
Persistent link: https://www.econbiz.de/10005047557
We consider a game-theoretic model of counterproliferation, in which a single Incumbent (holding nuclear weapons) is faced with a sequence of potential Entrants (who are considering developing and deploying a nuclear capability or other weapons of mass destruction of their own). The Incumbent...
Persistent link: https://www.econbiz.de/10005081023
A computational procedure, Simulated Fictitious Play (SFP), is introduced to approximate equilibrium solutions for n-person, non-cooperative games with large strategy spaces. A variant of the iterative solution process fictitious play (FP), SFP is first demonstrated on several small n-person...
Persistent link: https://www.econbiz.de/10005081071
In this paper, we try to analyze the interactions among the shippers and the carriers, including the rail and marine shipping industry, in the bulk shipping market. Our paper presents both a two-player game model, and a two-stage, three-player, game model that includes the buyer as an active...
Persistent link: https://www.econbiz.de/10005050957
A manufacturer and a retailer are the members of a simple distribution channel for a particular product in a segmented market. The advertising efforts of the two agents have a joint effect on the goodwill of the different market segments and then on the demand. The channel members aim at...
Persistent link: https://www.econbiz.de/10008493087