Benefit sharing in holding situations
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http://hdl.handle.net/10045/75149
Title: | Benefit sharing in holding situations |
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Authors: | Tijs, Stef | Meca, Ana | López Cerdá, Marco A. |
Research Group/s: | Laboratorio de Optimización (LOPT) |
Center, Department or Service: | Universidad de Alicante. Departamento de Matemáticas |
Keywords: | Holding situations | Benefit sharing | Holding games | Equilibrium allocation | Big boss games | Cooperative games |
Knowledge Area: | Estadística e Investigación Operativa |
Issue Date: | 1-Apr-2005 |
Publisher: | Elsevier |
Citation: | European Journal of Operational Research. 2005, 162(1): 251-269. doi:10.1016/j.ejor.2003.06.030 |
Abstract: | A situation is studied where one agent has available an amount of storage facility and the other agents have some goods, part of which can be stored generating benefits. The problem of sharing the benefits produced by full cooperation between agents is tackled in this paper, by introducing a related cooperative game. This game turns out to be a big boss game with interesting theoretical properties. A solution concept, relying on optimal storage plans and associated holding prices, is also introduced, and its relationship with the core of the above holding game is explored in detail. The family of monotonic decreasing bijective mappings, defined on the set of non-negative real numbers, plays an important role in our approach. |
Sponsor: | A.M. acknowledges financial support from the Generalitat Valenciana (Pla Valencià d’Investigació Científica i Desenvolupament Tecnològic, Grant number CTIDIA/2002/32). This research was partially supported by MCIT Grant BFM2002-04114-C02(01) (M.A.L.). |
URI: | http://hdl.handle.net/10045/75149 |
ISSN: | 0377-2217 (Print) | 1872-6860 (Online) |
DOI: | 10.1016/j.ejor.2003.06.030 |
Language: | eng |
Type: | info:eu-repo/semantics/article |
Rights: | © 2003 Elsevier B.V. |
Peer Review: | si |
Publisher version: | https://doi.org/10.1016/j.ejor.2003.06.030 |
Appears in Collections: | INV - LOPT - Artículos de Revistas |
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2005_Tijs_etal_EuroJOperatRes_final.pdf | Versión final (acceso restringido) | 383,94 kB | Adobe PDF | Open Request a copy |
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