In this survey, we review some of the main contributions to the cooperative approach of newsvendor situations. We show how newsvendor situations with several retailers can be modeled as a transferable-utility cooperative game and we concentrate on one solution concept: the core. First, we examine the basic model and then we consider several variations that are of interest from a theoretical and an applied viewpoint.
Cooperative newsvendor games: a review / L., Montrucchio; H., Norde; U., Ozen; Scarsini, Marco; M., Slikker. - (2012), pp. 137-162. [10.1007/978-1-4614-3600-3_5]
Cooperative newsvendor games: a review
SCARSINI, MARCO;
2012
Abstract
In this survey, we review some of the main contributions to the cooperative approach of newsvendor situations. We show how newsvendor situations with several retailers can be modeled as a transferable-utility cooperative game and we concentrate on one solution concept: the core. First, we examine the basic model and then we consider several variations that are of interest from a theoretical and an applied viewpoint.
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