Applications of Game Theory in Operation Management and Information Systems

Lode Li () and Seungjin Whang ()
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Lode Li: Cheung Kong Graduate School of Business
Seungjin Whang: Stanford University

Chapter Chapter 5 in Game Theory and Business Applications, 2014, pp 103-135 from Springer

Abstract: Abstract In the past 20 years the Operations Management and Information Systems (OM/IS) fields have widely applied game theory these fields had previously been more focused on analyzing and improving the performance of a physical system (e.g., queueing or inventory systems) from the decision theoretic perspective. This chapter gives an overview of the existing OM/IS literature applying game theory. We focus on five topics: (i) time-based competition, (ii) priority pricing for a queueing system, (iii)manufacturing/marketing incentives, (iv) incentives for information sharing in a supply chain, and (v) distortion and alignment in a horizontal supply chain. On each topic, we review one or two works at some length and list other related works as references.

Keywords: Supply Chain; Wholesale Price; Coalition Structure; Demand Rate; Revenue Sharing (search for similar items in EconPapers)
Date: 2014
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DOI: 10.1007/978-1-4614-7095-3_5

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