Game Theory with Applications in Operations Management

2024. Auflage 2024
ISBN: 978-981-9948-32-1
Verlag: Springer Nature Singapore

Buch, Englisch, 246 Seiten, Format (B × H): 155 mm x 235 mm

Reihe: Springer Texts in Business and Economics

This book provides a broad picture of solution concepts that are highly applicable to operations and supply chain settings and to explicate these concepts with some of the relevant problems in operations management in multi-agent settings. It discusses different strategic situations like games in normal form, games in extensive form, games of incomplete information, mechanism design, and cooperative games, to solve operations problems of supply chain coordination, capacity planning, revenue and pricing management, and other complex problems of matching supply with demand.

The recognition and adoption of game-theoretic modeling for operations and supply chain management problems in multi-agent settings have been a hallmark of operations and supply chain literature research during the last few years. Despite research in operations and supply chain management having embraced both non-cooperative and cooperative game-theoretic solution concepts, there is still an abundance of underutilized concepts and tools in game theory that could strongly influence operations management problems. Additionally, with the increasing digitization of operations and supply chain management, the narrative of problems in these areas focuses on blockchain and smart contracts, platforms, and shared economy. The book profits from these new issues being predominantly multi-agent settings and lending themselves to game-theoretical solution concepts.

The book's intended audience is the advanced undergraduate and graduate student community of operations and supply chain management, economics, mathematics, computer science, and industrial engineering. It is also relevant for the research community and industry practitioners who use multi-agent architecture in business problems.

Zielgruppe

Graduate

Autoren/Hrsg.

Amit, R K

Fachgebiete

• Mathematik | Informatik Mathematik Mathematik Allgemein Philosophie der Mathematik
• Geisteswissenschaften Philosophie Philosophie der Mathematik, Philosophie der Physik
• Wirtschaftswissenschaften Betriebswirtschaft Bereichsspezifisches Management Produktionsmanagement, Qualitätskontrolle
• Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Wirtschaftstheorie, Wirtschaftsphilosophie

Inhaltsverzeichnis

Chapter 1. Operations Management: A Curtain Raiser.- Chapter 2. Game Theory: Primitives and Representations.- Chapter 3. Games in Normal Form.- Chapter 4. Games in Normal Form: Applications in OM.- Chapter 5. Games in Extensive Form.- Chapter 6. Games in Extensive Form: Applications in OM.- Chapter 7. Games in Characteristic Form.- Chapter 8. Games in Characteristic Form: Applications in OM.- Chapter 9. Mechanism Design & Auctions.- Chapter 10. Mechanism Design & Auctions: Applications in OM.

Über Autor(innen)

R. K. Amit is Professor at the Department of Management Studies, Indian Institute of Technology (IIT) Madras, Chennai, India. He completed his undergraduate studies at Indian Institute of Technology (IIT) Kanpur and his doctoral studies at Indian Institute of Science (IISc), Bangalore. He heads the Decision Engineering & Pricing (DEEP) Lab at IIT Madras, which specializes in engineering best decisions using wisdom from optimization, game theory, mechanism design, and pricing. His research has been published in top-tier journals. He is actively involved in high-impact, industry-relevant research.