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.
|Title of host publication||Handbook of newsvendor problems : models, extensions and applications|
|Place of Publication||New York|
|Publication status||Published - 2012|
|Name||International series in operations research & management science|