Abstract
This note discusses the possibility of fair gain sharing in cooperative situations where players optimally partition themselves across a number of alternative channels. An example is group purchasing among a set of buyers facing with a range of suppliers. We introduce channel selection games as a new class of cooperative games and give a representation of their cores. With two channels (suppliers), the game has a non-empty core if the gain functions across every individual channel is supermodular.
Original language | English |
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Pages (from-to) | 514-517 |
Number of pages | 4 |
Journal | Operations Research Letters |
Volume | 46 |
Issue number | 5 |
DOIs | |
Publication status | Published - 1 Sept 2018 |
Keywords
- Gain sharing
- Game theory
- Procurement
- Supply chain management