The Potential of Cooperative Game Theory for Supply Chain Management

Jörn-Henrik Thun ()
Additional contact information
Jörn-Henrik Thun: Industrieseminar der Universität Mannheim

A chapter in Research Methodologies in Supply Chain Management, 2005, pp 477-491 from Springer

Abstract: Summary In this paper Supply Chain Management will be analyzed in the light of Game Theory. The aim of the paper is to show the applicability of Cooperative Game Theory as methodology for analyzing supply chains. A main characteristic of a supply chain is cooperation. The success and sustainability of cooperation depends on the stability as constituting element. Cooperation can be analyzed with Cooperative Game Theory. The Shapley-Value is used as algorithm to allocate the profit among the cooperating partner. But for supply chains the structure is relevant. The Myerson-Value takes the structure of a game into account when formulating a specific allocation rule. Cooperative game theory can be applied as methodology for Supply Chain Management contributing an allocation algorithm.

Keywords: Supply Chain Management; Cooperation; Cooperative Game Theory; Shapley-Value; Myerson-Value (search for similar items in EconPapers)
Date: 2005
References: Add references at CitEc
Citations: View citations in EconPapers (3)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-7908-1636-5_31

Ordering information: This item can be ordered from
http://www.springer.com/9783790816365

DOI: 10.1007/3-7908-1636-1_31

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().