Cooperative and Non-Cooperative Equilibrium Problems with Equilibrium Constraints: Applications in Economics and Transportation
نویسنده
چکیده
In recent years, a plethora of multi-objective evolutionary algorithms (MOEAs) have been proposed which are able to effectively handle complex multi-objective problems. In this paper, we focus on Equilibrium Problems with Equilibrium Constraints. We show that one interpretation of the game can also be handled by MOEAs and then discuss a simple methodology to map the non-cooperative outcome to the cooperative outcome. We demonstrate our proposed methodology with examples sourced from the economics and transportation systems management literature. In doing so we suggest resulting policy implications which will be of importance to regulatory authorities.
منابع مشابه
Improved Profitability and Competition in Two Level Supply Chain by Non-Cooperative Games
This article by modeling a non-cooperative dynamic game tries to improve profitability and competition. This paper has considered how the manufacturer interacts with multiple competitor distributors. Each distributor also determines the optimal distribution price and inventory replenishment policies to maximize their profits. The issue form a non-cooperative dynamic game. Distributors formulate...
متن کاملتقابل استراتژی بین دولت و بانک مرکزی در چارچوب بازی های همکارانه و غیرهمکارانه (کاربردی از بازی های دیفرانسیلی خطی درجه دوم)
In this paper we analyzed the strategic interaction between government and central bank in Iranian economy. Using dynamic differential games and Nash equilibrium within cooperative and non-cooperative setting, we try to find the optimal values of debt, deficit and monetary base. The results of simulation show that in cooperative case the level of equilibrium debt is lower than the non-cooperati...
متن کاملGovernment and Central Bank Interaction under Uncertainty: A Differential Games Approach
Abstract Today, debt stabilization in an uncertain environment is an important issue. In particular, the question how fiscal and monetary authorities should deal with this uncertainty is of much importance. Especially for some developing countries such as Iran, in which on average 60 percent of government revenues comes from oil, and consequently uncertainty about oil prices has a large effec...
متن کاملDuality for vector equilibrium problems with constraints
In the paper, we study duality for vector equilibrium problems using a concept of generalized convexity in dealing with the quasi-relative interior. Then, their applications to optimality conditions for quasi-relative efficient solutions are obtained. Our results are extensions of several existing ones in the literature when the ordering cones in both the objective space and the constr...
متن کاملThe competitive advantages analysis of pharmaceutical industry strategic behaviors by game theory
Game theory is the study of mathematical models and cooperation between intelligent rational decision-makers. This paper provides a flexible model to calculate pay-off matrix based on several importance factors. This model is adapted by cooperative game and developed for some competitive advantages sections in pharmaceutical industry. An optimum solution is derived by considering Nash equilibri...
متن کامل