Topic
Stackelberg competition
About: Stackelberg competition is a research topic. Over the lifetime, 6611 publications have been published within this topic receiving 109213 citations.
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TL;DR: In this article, the authors show that the profitability of merger in markets with quantity competition does not only depend on cost conditions but also on the market structure and on the involved firms' "strategic power".
75 citations
TL;DR: An interactive algorithm of the model for solving multi-objective decision-making problems and reflecting the interactive natures among the decision makers is developed.
Abstract: Furthering a prior research on two-person bi-level multi-objective decision-making problems of the leader-follower Stackelberg game, we present an extended model of bi-level multi-objective decision-making with multiple interconnected decision makers at the lower level. In the model, the upper level decision maker acts as a leader and the lower level decision makers behave as the followers, and inter-connections and interactions exist among these followers in decision-making scenarios. Following the rules of leader-follower Stackelberg game, we develop an interactive algorithm of the model for solving multi-objective decision-making problems and reflecting the interactive natures among the decision makers. Finally, the authors exemplify the model and algorithm, and draw a conclusion on points of contributions and the significance of this study in decision-making and support. Copyright © 2001 John Wiley & Sons, Ltd.
74 citations
TL;DR: This study develops a tri-level programming model to design the location-allocation of the tire CLSC for the first time and proposes a number of new hybrid optimizers by considering the benefits of recent metaheuristics.
74 citations
TL;DR: How dual-channel pricing behavior is impacted by customer preference and rates of customer returns is discussed and it is found that when a channel with significant customer preference faces a high rate of returns, decentralized channels generate a greater system profit for retailers than coordinated channels that have a unified pricing strategy.
74 citations
TL;DR: The resilient control system is modelled as a multi-stage hierarchical game with a corresponding hierarchy of decisions made at cyber and physical layer, respectively, which demonstrates its effectiveness under denial-of-service attack launched by the intelligent attacker.
Abstract: This paper is concerned with the resilient control under denial-of-service attack launched by the intelligent attacker. The resilient control system is modelled as a multi-stage hierarchical game with a corresponding hierarchy of decisions made at cyber and physical layer, respectively. Specifically, the interaction in the cyber layer between different security agents is modelled as a static infinite Stackelberg game, while in the underlying physical layer the full-information H∞ minimax control with package drops is modelled as a different Stackelberg game. Both games are solved sequentially, which is consistent with the actual situations. Finally, the proposed method is applied to the load frequency control of the power system, which demonstrates its effectiveness.
74 citations