Abstract
In this paper we examine the biform games modeling framework. More specifically, we recast biform games as two-stage stochastic programming with recourse. The two-stage stochastic programming view of biform games is demonstrated in this paper on an example from Brandenburger and Stuart (2007) regarding a coordination game. We claim that our stochastic programming format for biform games allows for a well established mathematical methodology to enrich the modeling options when applied to biform competitive and cooperative game options.
Original language | English (US) |
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Pages (from-to) | 124-129 |
Number of pages | 6 |
Journal | International Journal of Production Economics |
Volume | 142 |
Issue number | 1 |
DOIs | |
State | Published - Mar 2013 |
Externally published | Yes |
Keywords
- Biform games
- Stochastic programming
ASJC Scopus subject areas
- General Business, Management and Accounting
- Economics and Econometrics
- Management Science and Operations Research
- Industrial and Manufacturing Engineering