Game Theory with Applications in Operations Management
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Beschreibung
This book provides 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. It 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 the 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. It is also relevant for the research community and industry practitioners who use multi-agent architecture in business problems.
Provides comprehensive coverage of game theory and related solution concepts
Integrates and structurally links the game-theoretic solution concepts with applications in operations and supply chain management
Offers commentary on new challenges in multi-agent settings of digitized manufacturing and services supply chains
Comprehensive coverage of game theory, related solution concepts & new challenges in multi-agent settings Combines game theory and mechanism design with critical operations and supply chain management applications Discusses contemporary topics like explainable AI, sustainability, and mobility from a game-theoretic lens
Autor*in
R. K. Amit
Themen in »Game Theory with Applications in Operations Management«
Game Theory Supply Chain Management Auctions and Mechanism Design Normal-form Games Extensive-form Games Characteristic-form Games Inventory Games Logistics Explainable AI Procurement
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“The structure of the book is as follows. It starts with a self-contained introduction to operations management, followed by a self-contained introduction to game theory. … The book is intended to accompany a semester-long course for undergraduates, or a shorter course for graduate students. … There are many other textbooks on game theory at a similar level. The unique value of this book is the extensive list of applications to operations management.” (Thomas Wiseman, zbMATH 1575.91001, 2026)
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