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Author
Gerchak Yigal (Tel Aviv University)
Title
Allocating Pooled Inventory According to Contributions and Entitlements
Source
Decision Making in Manufacturing and Services, 2015, vol. 9, nr 1, s. 51-54, bibliogr. 9 poz.
Keyword
Teoria gier, Zarządzanie zapasami
Game theory, Inventory management
Note
summ.
Abstract
Inventory pooling, whether by centralization of stock or by mutual assistance, is known to be beneficial when demands are uncertain. But when the retailers are independent, the question is how to divide the benefits of pooling. e consider a decentralized inventorypooling scheme where a retailer's entitlements to the allocation during a shortage depend on his/her contributions to the pool. We derive the Nash equilibrium and specialize it to symmetric cases. (original abstract)
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Bibliography
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  6. Hartman, B.C., Dror, M., Shaked, M., 2000. Cores of Inventory Centralization Games. Games and Economic Behavior, 31, pp. 26-49.
  7. Montruccio, L., Norde, H., Özen, U., Scarsini, M., Slikker, M., 2002. Cooperative Newsvendor Games: A Review. In: J. Choi (ed.), Handbook of Newsvendor Problems, Springer.
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Cited by
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ISSN
2300-7087
Language
eng
URI / DOI
http://dx.doi.org/10.7494/dmms.2015.9.1.51
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