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Cooperative Newsvendor Games: A Review

Luigi Montrucchio (), Henk Norde (), Ulaş Özen (), Marco Scarsini and Marco Slikker ()
Additional contact information
Luigi Montrucchio: Università di Torino
Henk Norde: Tilburg University
Ulaş Özen: Alcatel-Lucent, Bell Labs Ireland
Marco Slikker: Technische Universiteit Eindhoven

Chapter Chapter 5 in Handbook of Newsvendor Problems, 2012, pp 137-162 from Springer

Abstract: Abstract In this survey, we review some of the main contributions to the cooperative approach of newsvendor situations. We show how newsvendor situations with several retailers can be modeled as a transferable-utility cooperative game and we concentrate on one solution concept: the core. First, we examine the basic model and then we consider several variations that are of interest from a theoretical and an applied viewpoint.

Keywords: Newsvendor model; Core; Shapley value; Large games; Multiple warehouses; Transshipment costs; Stochastic programming; Duality (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:spr:isochp:978-1-4614-3600-3_5

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DOI: 10.1007/978-1-4614-3600-3_5

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