Titlebook: Game Theory with Applications in Operations Management; R. K. Amit Textbook 2024 The Editor(s) (if applicable) and The Author(s), under ex

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,Games in Normal Form: Applications in OM,ement (OM) applications that can be represented in normal-form representation. Newsvendor problem effectively captures the fundamental principles of operations management. In its most basic iteration, as elucidated in Chap. ., a decision-maker determines the quantity by carefully weighing the costs

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,Games in Extensive Form, arise in everyday life, as well as in economics, involves players moving sequentially. For example, an investment made today may produce certain strategic advantages in the future. Such situations are modeled using .. We discussed extensive-form games in Sect. .. We start with some examples to demo

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Mechanism Design and Auctions,hat enable interaction among the players and information about the environment in which a game is embedded. Given the rules and the environment, the joint action of players leads to an outcome, and each player has a preference over the outcomes. Different solution concepts for noncooperative games p

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R. K. AmitComprehensive coverage of game theory, related solution concepts & new challenges in multi-agent settings .Combines game theory and mechanism design with critical operations and supply chain managemen

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Teil D: Erweiterung der dynamischen Modelle,In Chap. 5, we studied games in extensive form. This chapter discusses important operations management (OM) applications that can be represented as extensive-form games.

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https://doi.org/10.1007/978-981-19-2627-3Solution concepts for superadditive games prescribe the division of payoff among the agents in the grand coalition . and can be broadly classified into stability based and fairness based.

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Improving Your Current Business,In Chap. 7, we discussed games in characteristic form, and important solution concepts for that class of games.

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