Game Theory With Applications In Operations Management

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Game Theory with Applications in Operations Management

Author : R K Amit
Publisher : Springer
ISBN 13 : 9789819948321
Total Pages : 0 pages
Book Rating : 4.9/5 (483 download)

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Book Synopsis Game Theory with Applications in Operations Management by : R K Amit

Download or read book Game Theory with Applications in Operations Management written by R K Amit and published by Springer. This book was released on 2023-12-12 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book combines game theory with critical applications in operations and supply chain management. The recognition and adoption of game-theoretic modelling for operations and supply chain management problems in multi-agent settings have been a hallmark of research in operations and supply chain literature during the last few years. Despite research in operations and supply chain management having embraced both non-cooperative and cooperative game-theoretic solution concepts, there is still an abundance of underutilized concepts and tools in game theory that could strongly influence the operations management problems. The objective of this book is to provide a broad picture of solution concepts that are highly applicable to operations and supply chain settings, and to explicate these concepts with some of the relevant problems in operations management in multi-agent settings, often with conflicting objectives. The book discusses different strategic situations like games in normal form, games in extensive form, games of incomplete information, repeated games, mechanism design, and cooperative games, to solve operations problems of supply chain coordination, capacity planning, revenue and pricing management, and other complex problems of matching supply with demand. With the increasing digitization of supply chain and manufacturing, the narrative of the problems in these areas is focusing on additive and cooperative manufacturing, blockchain and smart contracts, online platforms, and shared economy. The book profits from the fact that these new issues are predominantly multi-agent settings, and lend into game-theoretical solution concepts. The intended audience of the book are research community and graduate students of operations & supply chain management, economics, mathematics, computer science, and manufacturing & industrial engineering. The book is also relevant for practitioners who use multi-agent architecture in business problems.

Game Theory in Management Accounting

Author : David Mueller
Publisher : Springer
ISBN 13 : 331961603X
Total Pages : 450 pages
Book Rating : 4.3/5 (196 download)

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Book Synopsis Game Theory in Management Accounting by : David Mueller

Download or read book Game Theory in Management Accounting written by David Mueller and published by Springer. This book was released on 2017-09-21 with total page 450 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book demonstrates what kind of problems, originating in a management accounting setting, may be solved with game theoretic models. Game theory has experienced growing interest and numerous applications in the field of management accounting. The main focus traditionally has been on the field of non-cooperative behaviour, but the area of cooperative game theory has developed rapidly and has received increasing attention. Intensive research, in combination with the changing culture of publishing, has produced a nearly unmanageable number of publications in the areas concerned. Therefore, one main purpose of this volume is providing an intensive analysis of the intersection of these areas. In addition, the book strengthens the relationship between the theory and the practical applications and it illustrates the two-sided relationship between game theory and management accounting: new game theoretic models offer new fields of applications and these applications raise new questions for the theory.

Game Theory with Applications in Operations Management

Author : R. K. Amit
Publisher : Springer Nature
ISBN 13 : 9819948339
Total Pages : 246 pages
Book Rating : 4.8/5 (199 download)

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Book Synopsis Game Theory with Applications in Operations Management by : R. K. Amit

Download or read book Game Theory with Applications in Operations Management written by R. K. Amit and published by Springer Nature. This book was released on with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Game Theory

Author : E. N. Barron
Publisher : John Wiley & Sons
ISBN 13 : 1118030656
Total Pages : 437 pages
Book Rating : 4.1/5 (18 download)

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Book Synopsis Game Theory by : E. N. Barron

Download or read book Game Theory written by E. N. Barron and published by John Wiley & Sons. This book was released on 2011-02-14 with total page 437 pages. Available in PDF, EPUB and Kindle. Book excerpt: A fundamental introduction to modern game theory from a mathematical viewpoint Game theory arises in almost every fact of human and inhuman interaction since oftentimes during these communications objectives are opposed or cooperation is viewed as an option. From economics and finance to biology and computer science, researchers and practitioners are often put in complex decision-making scenarios, whether they are interacting with each other or working with evolving technology and artificial intelligence. Acknowledging the role of mathematics in making logical and advantageous decisions, Game Theory: An Introduction uses modern software applications to create, analyze, and implement effective decision-making models. While most books on modern game theory are either too abstract or too applied, this book provides a balanced treatment of the subject that is both conceptual and hands-on. Game Theory introduces readers to the basic theories behind games and presents real-world examples from various fields of study such as economics, political science, military science, finance, biological science as well as general game playing. A unique feature of this book is the use of Maple to find the values and strategies of games, and in addition, it aids in the implementation of algorithms for the solution or visualization of game concepts. Maple is also utilized to facilitate a visual learning environment of game theory and acts as the primary tool for the calculation of complex non-cooperative and cooperative games. Important game theory topics are presented within the following five main areas of coverage: Two-person zero sum matrix games Nonzero sum games and the reduction to nonlinear programming Cooperative games, including discussion of both the Nucleolus concept and the Shapley value Bargaining, including threat strategies Evolutionary stable strategies and population games Although some mathematical competence is assumed, appendices are provided to act as a refresher of the basic concepts of linear algebra, probability, and statistics. Exercises are included at the end of each section along with algorithms for the solution of the games to help readers master the presented information. Also, explicit Maple and Mathematica® commands are included in the book and are available as worksheets via the book's related Web site. The use of this software allows readers to solve many more advanced and interesting games without spending time on the theory of linear and nonlinear programming or performing other complex calculations. With extensive examples illustrating game theory's wide range of relevance, this classroom-tested book is ideal for game theory courses in mathematics, engineering, operations research, computer science, and economics at the upper-undergraduate level. It is also an ideal companion for anyone who is interested in the applications of game theory.

Decision and Game Theory in Management With Intuitionistic Fuzzy Sets

Author : Deng-Feng Li
Publisher : Springer
ISBN 13 : 3642407129
Total Pages : 459 pages
Book Rating : 4.6/5 (424 download)

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Book Synopsis Decision and Game Theory in Management With Intuitionistic Fuzzy Sets by : Deng-Feng Li

Download or read book Decision and Game Theory in Management With Intuitionistic Fuzzy Sets written by Deng-Feng Li and published by Springer. This book was released on 2013-11-12 with total page 459 pages. Available in PDF, EPUB and Kindle. Book excerpt: The focus of this book is on establishing theories and methods of both decision and game analysis in management using intuitionistic fuzzy sets. It proposes a series of innovative theories, models and methods such as the representation theorem and extension principle of intuitionistic fuzzy sets, ranking methods of intuitionistic fuzzy numbers, non-linear and linear programming methods for intuitionistic fuzzy multi-attribute decision making and (interval-valued) intuitionistic fuzzy matrix games. These theories and methods form the theory system of intuitionistic fuzzy decision making and games, which is not only remarkably different from those of the traditional, Bayes and/or fuzzy decision theory but can also provide an effective and efficient tool for solving complex management problems. Since there is a certain degree of inherent hesitancy in real-life management, which cannot always be described by the traditional mathematical methods and/or fuzzy set theory, this book offers an effective approach to using the intuitionistic fuzzy set expressed with membership and non-membership functions. This book is addressed to all those involved in theoretical research and practical applications from a variety of fields/disciplines: decision science, game theory, management science, fuzzy sets, operational research, applied mathematics, systems engineering, industrial engineering, economics, etc.

Recent Advances in Game Theory and Applications

Author : Leon A. Petrosyan
Publisher : Birkhäuser
ISBN 13 : 3319438387
Total Pages : 284 pages
Book Rating : 4.3/5 (194 download)

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Book Synopsis Recent Advances in Game Theory and Applications by : Leon A. Petrosyan

Download or read book Recent Advances in Game Theory and Applications written by Leon A. Petrosyan and published by Birkhäuser. This book was released on 2016-09-30 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: This contributed volume contains fourteen papers based on selected presentations from the European Conference on Game Theory SING11-GTM 2015, held at Saint Petersburg State University in July 2015, and the Networking Games and Management workshop, held at the Karelian Research Centre of the Russian Academy of Sciences in Petrozvavodsk, Russia, also in July 2015. These papers cover a wide range of topics in game theory, including recent advances in areas with high potential for future work, as well as new developments on classical results. Some of these include A new approach to journal ranking using methods from social choice theory; A differential game of a duopoly in which two firms are competing for market share in an industry with network externalities; The impact of information propagation in the model of tax audits; A voting model in which the results of previous votes can affect the process of coalition formation in a decision-making body; The Selten-Szidarovsky technique for the analysis of Nash equilibria of games with an aggregative structure; Generalized nucleoli and generalized bargaining sets for games with restricted cooperation; Bayesian networks and games of deterrence; and A new look at the study of solutions for games in partition function form. The maturity and vitality of modern-day game theory are reflected in the new ideas, novel applications, and contributions of young researchers represented in this collection. It will be of interest to anyone doing theoretical research in game theory or working on one its numerous applications.

Game Theoretical Applications to Economics and Operations Research

Author : T. Parthasarathy
Publisher : Springer Science & Business Media
ISBN 13 : 1475726406
Total Pages : 304 pages
Book Rating : 4.4/5 (757 download)

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Book Synopsis Game Theoretical Applications to Economics and Operations Research by : T. Parthasarathy

Download or read book Game Theoretical Applications to Economics and Operations Research written by T. Parthasarathy and published by Springer Science & Business Media. This book was released on 2013-06-29 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: Game Theoretical Applications to Economics and Operations Research deals with various aspects of game theory and their applications to Economics and OR related problems. It brings together the contributions of a wide spectrum of disciplines such as Statistics, Mathematics, Mathematical Economics and OR. The contributions include decision theory, stochastic games, cooperative and noncooperative games. The papers in the volume are classified under five different sections. The first four sections are devoted to the theory of two-person games, linear complimentarity problems and game theory, cooperative and noncooperative games. The fifth section contains diverse applications of these various theories. Taken together they exhibit a rich versatility of these theories and lively interaction between the mathematical theory of games and significant economic problems.

Handbook of Quantitative Supply Chain Analysis

Author : David Simchi-Levi
Publisher : Springer Science & Business Media
ISBN 13 : 1402079532
Total Pages : 818 pages
Book Rating : 4.4/5 (2 download)

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Book Synopsis Handbook of Quantitative Supply Chain Analysis by : David Simchi-Levi

Download or read book Handbook of Quantitative Supply Chain Analysis written by David Simchi-Levi and published by Springer Science & Business Media. This book was released on 2004-05-31 with total page 818 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Handbook is a comprehensive research reference that is essential for anyone interested in conducting research in supply chain. Unique features include: -A focus on the intersection of quantitative supply chain analysis and E-Business, -Unlike other edited volumes in the supply chain area, this is a handbook rather than a collection of research papers. Each chapter was written by one or more leading researchers in the area. These authors were invited on the basis of their scholarly expertise and unique insights in a particular sub-area, -As much attention is given to looking back as to looking forward. Most chapters discuss at length future research needs and research directions from both theoretical and practical perspectives, -Most chapters describe in detail the quantitative models used for analysis and the theoretical underpinnings; many examples and case studies are provided to demonstrate how the models and the theoretical insights are relevant to real situations, -Coverage of most state-of-the-art business practices in supply chain management.

Mathematical Game Theory and Applications

Author : Vladimir Mazalov
Publisher : John Wiley & Sons
ISBN 13 : 1118899628
Total Pages : 430 pages
Book Rating : 4.1/5 (188 download)

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Book Synopsis Mathematical Game Theory and Applications by : Vladimir Mazalov

Download or read book Mathematical Game Theory and Applications written by Vladimir Mazalov and published by John Wiley & Sons. This book was released on 2014-10-06 with total page 430 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mathematical Game Theory and Applications Mathematical Game Theory and Applications An authoritative and quantitative approach to modern game theory with applications from economics, political science, military science and finance. Mathematical Game Theory and Applications combines both the theoretical and mathematical foundations of game theory with a series of complex applications along with topics presented in a logical progression to achieve a unified presentation of research results. This book covers topics such as two-person games in strategic form, zero-sum games, N-person non-cooperative games in strategic form, two-person games in extensive form, parlor and sport games, bargaining theory, best-choice games, co-operative games and dynamic games. Several classical models used in economics are presented which include Cournot, Bertrand, Hotelling and Stackelberg as well as coverage of modern branches of game theory such as negotiation models, potential games, parlor games and best choice games. Mathematical Game Theory and Applications: Presents a good balance of both theoretical foundations and complex applications of game theory. Features an in-depth analysis of parlor and sport games, networking games, and bargaining models. Provides fundamental results in new branches of game theory, best choice games, network games and dynamic games. Presents numerous examples and exercises along with detailed solutions at the end of each chapter. Is supported by an accompanying website featuring course slides and lecture content. Covering a host of important topics, this book provides a research springboard for graduate students and a reference for researchers who might be working in the areas of applied mathematics, operations research, computer science or economical cybernetics.

Game Theory for Security and Risk Management

Author : Stefan Rass
Publisher : Springer
ISBN 13 : 3319752685
Total Pages : 418 pages
Book Rating : 4.3/5 (197 download)

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Book Synopsis Game Theory for Security and Risk Management by : Stefan Rass

Download or read book Game Theory for Security and Risk Management written by Stefan Rass and published by Springer. This book was released on 2018-07-06 with total page 418 pages. Available in PDF, EPUB and Kindle. Book excerpt: The chapters in this volume explore how various methods from game theory can be utilized to optimize security and risk-management strategies. Emphasizing the importance of connecting theory and practice, they detail the steps involved in selecting, adapting, and analyzing game-theoretic models in security engineering and provide case studies of successful implementations in different application domains. Practitioners who are not experts in game theory and are uncertain about incorporating it into their work will benefit from this resource, as well as researchers in applied mathematics and computer science interested in current developments and future directions. The first part of the book presents the theoretical basics, covering various different game-theoretic models related to and suitable for security engineering. The second part then shows how these models are adopted, implemented, and analyzed. Surveillance systems, interconnected networks, and power grids are among the different application areas discussed. Finally, in the third part, case studies from business and industry of successful applications of game-theoretic models are presented, and the range of applications discussed is expanded to include such areas as cloud computing, Internet of Things, and water utility networks.

Game Theory and Business Applications

Author : Kalyan Chatterjee
Publisher : Springer Science & Business Media
ISBN 13 : 1461470951
Total Pages : 407 pages
Book Rating : 4.4/5 (614 download)

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Book Synopsis Game Theory and Business Applications by : Kalyan Chatterjee

Download or read book Game Theory and Business Applications written by Kalyan Chatterjee and published by Springer Science & Business Media. This book was released on 2013-06-26 with total page 407 pages. Available in PDF, EPUB and Kindle. Book excerpt: Game theory has been applied to a growing list of practical problems, from antitrust analysis to monetary policy; from the design of auction institutions to the structuring of incentives within firms; from patent races to dispute resolution. The purpose of Game Theory and Business Applications is to show how game theory can be used to model and analyze business decisions. The contents of this revised edition contain a wide variety of business functions – from accounting to operations, from marketing to strategy to organizational design. In addition, specific application areas include market competition, law and economics, bargaining and dispute resolution, and competitive bidding. All of these applications involve competitive decision settings, specifically situations where a number of economic agents in pursuit of their own self-interests and in accordance with the institutional “rules of the game” take actions that together affect all of their fortunes. As this volume demonstrates, game theory provides a compelling guide for analyzing business decisions and strategies.

Supply Chain Analysis

Author : Christopher S. Tang
Publisher : Springer Science & Business Media
ISBN 13 : 0387752404
Total Pages : 287 pages
Book Rating : 4.3/5 (877 download)

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Book Synopsis Supply Chain Analysis by : Christopher S. Tang

Download or read book Supply Chain Analysis written by Christopher S. Tang and published by Springer Science & Business Media. This book was released on 2007-11-28 with total page 287 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a carefully developed work focused on the analysis of supply chain interaction issues in emerging markets and industry sectors. It is a leading-edge handbook that will emphasize areas of study where, thus far, little work has been done and where the "rubber meets the road" – the supply chain process, information, and systems integration. These are pertinent issues facing practitioners and researchers in today’s business environment. This is a gap-bridging handbook that analyzes interaction issues from both the research and practitioner sides. The result is a volume that examines and provides practical solutions on interaction issues while being firmly grounded in research principles.

Grey Game Theory and Its Applications in Economic Decision-Making

Author : Zhigeng Fang
Publisher : CRC Press
ISBN 13 : 1420087401
Total Pages : 364 pages
Book Rating : 4.4/5 (2 download)

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Book Synopsis Grey Game Theory and Its Applications in Economic Decision-Making by : Zhigeng Fang

Download or read book Grey Game Theory and Its Applications in Economic Decision-Making written by Zhigeng Fang and published by CRC Press. This book was released on 2016-04-19 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt: To make the best decisions, you need the best information. However, because most issues in game theory are grey, nearly all recent research has been carried out using a simplified method that considers grey systems as white ones. This often results in a forecasting function that is far from satisfactory when applied to many real situations. Grey Ga

Spatial Interaction Models

Author : Lina Mallozzi
Publisher : Springer
ISBN 13 : 3319526545
Total Pages : 327 pages
Book Rating : 4.3/5 (195 download)

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Book Synopsis Spatial Interaction Models by : Lina Mallozzi

Download or read book Spatial Interaction Models written by Lina Mallozzi and published by Springer. This book was released on 2017-04-04 with total page 327 pages. Available in PDF, EPUB and Kindle. Book excerpt: Facility location theory develops the idea of locating one or more facilities by optimizing suitable criteria such as minimizing transportation cost, or capturing the largest market share. The contributions in this book focus an approach to facility location theory through game theoretical tools highlighting situations where a location decision is faced by several decision makers and leading to a game theoretical framework in non-cooperative and cooperative methods. Models and methods regarding the facility location via game theory are explored and applications are illustrated through economics, engineering, and physics. Mathematicians, engineers, economists and computer scientists working in theory, applications and computational aspects of facility location problems using game theory will find this book useful.

Supply Chain Games: Operations Management and Risk Valuation

Author : Konstantin Kogan
Publisher : Springer Science & Business Media
ISBN 13 : 0387727760
Total Pages : 515 pages
Book Rating : 4.3/5 (877 download)

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Book Synopsis Supply Chain Games: Operations Management and Risk Valuation by : Konstantin Kogan

Download or read book Supply Chain Games: Operations Management and Risk Valuation written by Konstantin Kogan and published by Springer Science & Business Media. This book was released on 2007-09-05 with total page 515 pages. Available in PDF, EPUB and Kindle. Book excerpt: In today’s global economy, operations strategy in supply chains must assume an ever-expanding and strategic role of risks. These operational and strategic facets entail a brand new set of operational problems and risks that have not always been understood or managed very well. This book provides the means to understand, to model and to analyze these outstanding issues and problems that are the essential elements in managing supply chains today.

The Cooperative Game Theory of Networks and Hierarchies

Author : Robert P. Gilles
Publisher : Springer Science & Business Media
ISBN 13 : 3642052827
Total Pages : 264 pages
Book Rating : 4.6/5 (42 download)

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Book Synopsis The Cooperative Game Theory of Networks and Hierarchies by : Robert P. Gilles

Download or read book The Cooperative Game Theory of Networks and Hierarchies written by Robert P. Gilles and published by Springer Science & Business Media. This book was released on 2010-04-02 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book brings together an overview of standard concepts in cooperative game theory with applications to the analysis of social networks and hierarchical authority organizations. The standard concepts covered include the multi-linear extension, the Core, the Shapley value, and the cooperative potential. Also discussed are the Core for a restricted collection of formable coalitions, various Core covers, the Myerson value, value-based potentials, and share potentials. Within the context of social networks this book discusses the measurement of centrality and power as well as allocation rules such as the Myerson value and hierarchical allocation rules. For hierarchical organizations, two basic approaches to the exercise of authority are explored; for each approach the allocation of the generated output is developed. Each chapter is accompanied by a problem section, allowing this book to be used as a textbook for an advanced graduate course on game theory.

Game Theory with Engineering Applications

Author : Dario Bauso
Publisher : SIAM
ISBN 13 : 1611974275
Total Pages : 298 pages
Book Rating : 4.6/5 (119 download)

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Book Synopsis Game Theory with Engineering Applications by : Dario Bauso

Download or read book Game Theory with Engineering Applications written by Dario Bauso and published by SIAM. This book was released on 2016-02-29 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: Engineering systems are highly distributed collective systems that have humans in the loop. Engineering systems emphasize the potential of control and games beyond traditional applications. Game theory can be used to design incentives to obtain socially desirable behaviors on the part of the players, for example, a change in the consumption patterns on the part of the ?prosumers? (producers-consumers) or better redistribution of traffic. This unique book addresses the foundations of game theory, with an emphasis on the physical intuition behind the concepts, an analysis of design techniques, and a discussion of new trends in the study of cooperation and competition in large complex distributed systems.?