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Inventory pooling, whether by centralization of stock or by mutual assistance, is known to be beneficial when demands are uncertain. But when the retailers are independent, the question is how to divide the benefits of pooling. e consider a decentralized inventorypooling scheme where a retailer’s entitlements to the allocation during a shortage depend on his/her contributions to the pool. We derive...
Recently, in some negotiation application areas, the usual assumption that negotiators are symmetric has been relaxed. In particular, weights have been introduced to the Nash Bargaining Solution to reflect the different powers of the players. Yet, we feel that operating with non-symmetric bargaining solutions and their implications is not well understood. We analyze the properties and optimization...
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