Cooperative Differential Games with Transferable Payoffs

Petrosyan, Leon A.; Zaccour, Georges

doi:10.1007/978-3-319-27335-8_12-1

Cited by 9 publications

(9 citation statements)

References 75 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Hence, dynamic operational aspects need to be incorporated when formulating contract models (Jørgensen, 2011). Long-term relationships among supply chain members bring long-term, mutual benefits for all parties, and dynamic contracts can deliver better outcomes and reduce the cost of re-negotiation (Petrosyan & Zaccour, 2018). Since e-commerce supply chains operate primarily within globalised environments, where members of the supply chain are external and remote, successful integration among supply chain partners is essential for achieving customer satisfaction and competitive advantage (Sabet et al, 2017).…”

Section: Introductionmentioning

confidence: 99%

Optimising small-scale electronic commerce supply chain operations: a dynamic cost-sharing contract approach

et al. 2022

View full text Add to dashboard Cite

For small-scale electronic commerce supply chains, designing effective strategies to improve operational effectiveness, market share and long-term survival are essential aspects. However, researchers have given less attention in addressing these issues. This study proposes a dynamic cost-sharing contract for an e-tailer supply chain to address the issues of asymmetric information, long-term integration, and ineffective costs. We include consistency constraints to obtain stable incentives over time and eliminate the need for re-negotiation. The findings emphasise that the dynamic contract significantly reduces the overall supply chain costs. The consistency constraints guarantee high incentives, thus assuring the players remain in the total contract period and enable long-term integration.

show abstract

Section: Introductionmentioning

confidence: 99%

Optimising small-scale electronic commerce supply chain operations: a dynamic cost-sharing contract approach

et al. 2022

View full text Add to dashboard Cite

show abstract

“…In 1982 [10] introduced the concept of imputation distribution procedure for cooperative solution which becoming the most breakthrough result in this field. In recent years, the research on the time-consistency can refer to literatures [5,8,11].…”

Section: Introductionmentioning

confidence: 99%

Time-Consistent Distribution Mechanism in the Game of Environmental Management

Liu¹,

Gao²,

Wang³

et al. 2016

Proceedings of the 2016 International Conference on Applied Mathematics, Simulation and Modelling

View full text Add to dashboard Cite

show abstract

“…There is a sizeable literature in applied cooperative dynamic games on time consistency, a concept that was initially proposed in Petrosjan (). The concept and its ramifications are covered in the books by Yeung and Petrosjan (, ) and in the recent contributions by Yeung and Petrosjan () and Petrosjan and Zaccour (). For tutorials on time consistency in differential games and in games played over event trees, see Zaccour (, ).…”

mentioning

confidence: 99%

A fair and time‐consistent sharing of the joint exploitation payoff of a fishery

Dahmouni

Vardar

Zaccour

2019

Natural Resource Modeling

Self Cite

View full text Add to dashboard Cite

We consider the problem of efficiently managing a fishery where pollution externalities are present. The open‐access bionomic model is analyzed in an n‐player differential game framework with two‐state variables, that is, the fish stock and the pollution stock. We characterize the noncooperative feedback‐Nash equilibrium and cooperative solution, and define an egalitarian sharing rule to allocate the joint welfare maximizing payoff over an infinite time horizon, and show that this rule is time consistent. Recommendations for Resource Managers Cooperation in management of a fishery where pollution externalities are present yields a higher payoff over time as compared to the noncooperative behavior. The dividend of cooperation can be allocated among the fisherpersons according to an egalitarian sharing rule. This allocation is time‐consistent, that is, no player will be tempted to deviate from cooperation as time goes by, and the initial agreement is sustainable.

show abstract

Cooperative Differential Games with Transferable Payoffs

Cited by 9 publications

References 75 publications

Optimising small-scale electronic commerce supply chain operations: a dynamic cost-sharing contract approach

Optimising small-scale electronic commerce supply chain operations: a dynamic cost-sharing contract approach

Time-Consistent Distribution Mechanism in the Game of Environmental Management

A fair and time‐consistent sharing of the joint exploitation payoff of a fishery

Contact Info

Product

Resources

About