Operations Working Papers, Operations Management Research Paper

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Are the Treasures of Game Theory Ambiguous

Nash equilibrium (henceforth NE) is the most widely used equilibrium concept in game theory. Though a large and growing number of experimental studies indicate its weaknesses, it has proved difficult to and systematic patterns in ...

Extended Games Played by Managerial Firms

The earliest literature in oligopoly theory treated the choice between simultaneous and sequential moves as exogenous. The issue of timing is addressed in a game between managerial firms. The choice over timing can be taken ...

Business Process Innovation using the Process Innovation Laboratory

Innovation is inevitable tied into technology. Most organizations today are required not only to establish effective business processes but they are required to accommodate for changing business conditions at an increasing rate. Many business processes extend ...

A Corn Stover Supply Logistics System

We evaluated the economics, energy inputs, and greenhouse gas (GHG) emissions for a proposed “field to facility” corn stover logistics system. The system included collection and transport by round bales to local storages within 3.2 ...

Supply Chain Dynamics in Asia

The development of logistics services and communication technologies has revolutionized supply chain management. Supply chain management in Asia is a relatively new topic but is a key challenge for all Asia-based manufacturers and traders trying to ...

Bargaining with Many Players: A Limit Result

We study an n-player alternating offers bargaining game where the players try to agree on a division of a cake. We provide a simple characterization of the stationary subgame perfect equilibrium of an alternating offers bargaining game when ...

An inventory control project in a major Danish company using compound renewal demand models

In many standard implementations of inventory control systems continuous demand is assumed, and a service level constraint is applied. This paper describes the development of a framework to compute the optimal inventory policy for a large ...

Understanding Leadership A Coordination Theory

Important aspects of leadership behavior can be rendered intelligible through a focus on coordination games. The concept of common knowledge is shown to be particularly important to understanding leadership... Contents SOME BASIC GAME THEORY IDEAS Social Dilemmas ...

The interaction between patient shortage and patients waiting time

We study the interaction between patient shortage and patients' waiting time to get an appointment. From a theoretical model we predict that physicians experiencing a shortage of patients offer their patients a shorter waiting time ...

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Operations Working Papers, Operations Management Research Paper