Coordination mechanisms with mathematical programming models for decentralized decision-making: a literature review

A BI-LEVEL LINEAR MULTI-OBJECTIVE DECISION MAKING MODEL WITH INTERVAL COEFFICIENTS FOR SUPPLY CHAIN COORDINATION

  Bi-level programming, a tool for modeling decentralized decisions, consists of the objective(s) of the leader at its first level and that is of the follower at the second level. Three level programming results when second level is itself a bi-level programming. By extending this idea it is possible to define multi-level programs with any number of levels. Supply chain planning problems are co...

A bi-level linear multi-objective decision making model with interval coefficients for supply chain coordination

Abstract: Bi-level programming, a tool for modeling decentralized decisions, consists of the objective(s) of the leader at its first level and that is of the follower at the second level. Three level programming results when second level is itself a bi-level programming. By extending this idea it is possible to define multi-level programs with any number of levels. Supply chain planning problem...

The Proposed Mathematical Models For Decision- Making And Forecasting On Euro- Yen In Foreign Exchange Market

Reflexion in mathematical models of decision-making

The paper is devoted to a generalization of static and dynamic mathematical models of behavior with explicitly stated reflexive models of agents' decision-making. Reflexion is considered as agent's beliefs about nature, opponents' beliefs and opponents' decision-making principles in the framework of game theory, collective behavior theory and learning models.

Centralized vs. Market-Based and Decentralized Decision Making: a Review

Within both economics and computer science, many authors have claimed that decentralized or market-based approaches to decision-making are superior in general to centralized approaches. The contrary claim has also been made. Unfortunately, these claims are often supported only by informal or anecdotal evidence. In order to assess these competing claims, we present a review of the literatures in...