Securing a border under asymmetric information
Kelly M. Sullivan,
David P. Morton,
Feng Pan and
J. Cole Smith
Naval Research Logistics (NRL), 2014, vol. 61, issue 2, 91-100
Abstract:
We study a stochastic interdiction model of Morton et al. IIE Transactions, 39 (2007):3–14 that locates radiation sensors at border crossings to detect and prevent the smuggling of nuclear material. In this model, an interdictor places sensors at customs checkpoints to minimize a potential smuggler's maximum probability of crossing a border undetected. We focus on a model variant in which the interdictor has different, and likely more accurate, perceptions of the system's parameters than the smuggler does. We introduce a model that is tighter and uses fewer constraints than that of Morton et al. We also develop a class of valid inequalities along with a corresponding separation procedure that can be used within a cutting‐plane approach to reduce computational effort. Computational results demonstrate the effectiveness of our approach.Copyright © 2014 Wiley Periodicals, Inc. Naval Research Logistics 61: 91–100, 2014
Date: 2014
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https://doi.org/10.1002/nav.21567
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Persistent link: https://EconPapers.repec.org/RePEc:wly:navres:v:61:y:2014:i:2:p:91-100
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