Browsing by Subject "Game theory"
Now showing items 1-3 of 3
-
A Dynamic Game Theory Model For Tourism Supply Chains
Authors:
Publisher and Date:(Sage Publications, 2021)This article contributes to the game-theoretic analysis of tourism supply chains. We start with a baseline model including three types of agents: (a) one theme park, (b) multiple accommodation providers, and (c) multiple tour operators. We investigate the strategic dynamics (i.e., collaboration and competition) embedded in a market with two different tourism supply chains, and then we extend our model to an infinite-horizon repeated game arguing that agents would face the same decision problem in ...
-
Reformulations of a Bilevel Model for Detection of Tacit Collusion in Deregulated Electricity Markets
Authors:
Publisher and Date:(IEEE Computer Society, 2019)In this study, we consider a collusion model for competitive pool based electricity markets operated by an independent system operator (ISO), where it aims to prevent tacit collusion among generators. In order to determine the existence of tacit collusion in the market, we have employed the the game-Theoretic bilevel optimization model proposed by [1]. This model represents the market clearing mechanism, where generators determine their bids in order to maximize their profit while the system ...
-
Reformulations of a Bilevel Model for Detection of Tacit Collusion in Deregulated Electricity Markets
Authors:
Publisher and Date:(IEEE, 2019)In this study, we consider a collusion model for competitive pool based electricity markets operated by an independent system operator (ISO), where it aims to prevent tacit collusion among generators. In order to determine the existence of tacit collusion in the market, we have employed the the game-theoretic bilevel optimization model proposed by [1]. This model represents the market clearing mechanism, where generators determine their bids in order to maximize their profit while the system ...