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In this paper, we introduce a new model of the repeated Bayesian game, which suits for the situations where participants are not perfectly informed about the true sates and the structure of decision-making contains several periods. The state process in this model described by a Hidden Markov Model (HMM). Then traditional Bayesian games and finitely repeated games are just its special situations. Moreover,...
The coordination of closed-loop supply chain with risk preference in stochastic demand is studied. Both the market demand is price sensitive and the stochastic demand which possibly exists in reality are considered, and the profit function is no longer being taken as a decision-making but the utility function with the risk preferences of manufacturers and retailers is used in calculating. The retailer...
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