Research output: Contribution to journal › Article › peer-review
Managing interconnected production in a dynamic network a fair gain-sharing collaborative solution. / Yeung, David W. K.; Петросян, Леон Аганесович; Zhang, Yingxuan.
In: Contributions to Game Theory and Management, Vol. 17, 2024, p. 231-242.Research output: Contribution to journal › Article › peer-review
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TY - JOUR
T1 - Managing interconnected production in a dynamic network a fair gain-sharing collaborative solution
AU - Yeung, David W. K.
AU - Петросян, Леон Аганесович
AU - Zhang, Yingxuan
PY - 2024
Y1 - 2024
N2 - This paper presents an analysis on the optimal management of interconnected production networks Collaboration represents the best possibility of achieving a group optimal solution that enhances payoffs of the companies in a network. Since companies are not identical, some of them may capture substantially less gain through interconnection than their contributions to other providers. An optimality principle in gain-sharing that reflects the contributions of the participating companies is needed. This paper developed a novel dynamic fair gain-sharing solution for interconnected production networks that fulfills the requirements of a sustainable scheme — individual rationality, group optimality, time consistency and fair-sharing principle.
AB - This paper presents an analysis on the optimal management of interconnected production networks Collaboration represents the best possibility of achieving a group optimal solution that enhances payoffs of the companies in a network. Since companies are not identical, some of them may capture substantially less gain through interconnection than their contributions to other providers. An optimality principle in gain-sharing that reflects the contributions of the participating companies is needed. This paper developed a novel dynamic fair gain-sharing solution for interconnected production networks that fulfills the requirements of a sustainable scheme — individual rationality, group optimality, time consistency and fair-sharing principle.
UR - https://m.mathnet.ru/rus/cgtm473
U2 - 10.21638/11701/spbu31.2024.18
DO - 10.21638/11701/spbu31.2024.18
M3 - статья
VL - 17
SP - 231
EP - 242
JO - Contributions to Game Theory and Management
JF - Contributions to Game Theory and Management
SN - 2310-2608
ER -
ID: 155902148