Name
Abstract | ||
|---|---|---|
We settle an open conjecture regarding the newsvendor game. We prove that its core is always nonempty for all possible joint distributions of the random demands. We give sufficient conditions under which the core is a singleton, or at a core allocation every newsvendor shares a nonnegative cost. Journal of Economic Literature Classification Number: C71. |
Year | DOI | Venue |
|---|---|---|
2002 | 10.1006/game.2001.0854 | Games and Economic Behavior |
Keywords | Field | DocType |
cost allocation,inventory centralization,core | Newsvendor model,Economics,Mathematical economics,Joint probability distribution,Microeconomics,Singleton,Cost allocation,Conjecture | Journal |
Volume | Issue | ISSN |
38 | 1 | 0899-8256 |
Citations | PageRank | References |
42 | 5.24 | 2 |
Authors | ||
3 | ||
Name | Order | Citations | PageRank |
|---|---|---|---|
| Alfred Müller | 1 | 87 | 17.12 |
| Marco Scarsini | 2 | 164 | 33.96 |
| Moshe Shaked | 3 | 143 | 31.05 |