Game Theory with Applications in Operations Management

1. Auflage 2024
ISBN: 978-981-99-4832-1
Verlag: Springer Nature Singapore

Buch, Englisch, 280 Seiten, Format (B × H): 160 mm x 241 mm, Gewicht: 593 g

Reihe: Springer Texts in Business and Economics

This book aims to provide 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. The book 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 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. The book is also relevant for research community and industry practitioners who use multi-agent architecture in business problems.

Zielgruppe

Graduate

Autoren/Hrsg.

Amit, R. K.

Fachgebiete

• Wirtschaftswissenschaften Betriebswirtschaft Bereichsspezifisches Management Produktionsmanagement, Qualitätskontrolle
• Mathematik | Informatik Mathematik Operations Research Spieltheorie
• Mathematik | Informatik Mathematik Mathematik Allgemein Philosophie der Mathematik
• Geisteswissenschaften Philosophie Philosophie der Mathematik, Philosophie der Physik
• Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Wirtschaftstheorie, Wirtschaftsphilosophie
• Wirtschaftswissenschaften Betriebswirtschaft Bereichsspezifisches Management Einkauf, Logistik, Supply-Chain-Management

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 in the Department of Management Studies, Indian Institute of Technology (IIT) Madras, Chennai, India. He completed his undergraduate studies at IIT Kanpur, and his doctoral studies at the Indian Institute of Science (IISc), Bangalore. His research and teaching interests are game theory and decision theory and their application in operations and supply chain management. His research has been published in top-tier journals like European Journal of Operational Research, Operations Research Letters, International Journal of Production Economics, Omega, International Game Theory Review, Journal of Revenue and Pricing Management, and Journal of Cleaner Production. He is actively involved in high-impact sponsored and industry-relevant research.