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This monograph focuses on exploring game theoretic modeling and mechanism design for problem solving in Internet and network economics. For the first time, the main theoretical issues and applications of mechanism design are bound together in a single text.
This book offers a self-sufficient treatment of a key tool, game theory and mechanism design, to model, analyze, and solve centralized as well as decentralized design problems involving multiple autonomous agents that interact strategically in a rational and intelligent way. The contents of the book provide a sound foundation of game theory and mechanism design theory which clearly represent the “science” behind traditional as well as emerging economic applications for the society.The importance of the discipline of game theory has been recognized through numerous Nobel prizes in economic sciences being awarded to game theorists, including the 2005, 2007, and 2012 prizes. The book distil...
This book provides advanced analytics and decision management techniques and tools for developing sustainable competitive advantages in the studied target context. In order to achieve sustainable economy, “the capacity to endure,” it is essential to understand and study the mechanisms for interactions and impact from and among these perspectives.
Petri nets are widely used in modeling, analysis, and control of discrete event systems arising from manufacturing, transportation, computer and communication networks, and web service systems. However, Petri net models for practical systems can be very large, making it difficult to apply such models to real-life problems. System Modeling and Control with Resource-Oriented Petri Nets introduces a new resource-oriented Petri net (ROPN) model that was developed by the authors. Not only does it successfully reduce model size, but it also offers improvements that facilitate effective modeling, analysis, and control of automated and reconfigurable manufacturing systems. Presenting the latest rese...
One critical barrier leading to successful implementation of flexible manufacturing and related automated systems is the ever-increasing complexity of their modeling, analysis, simulation, and control. Research and development over the last three decades has provided new theory and graphical tools based on Petri nets and related concepts for the design of such systems. The purpose of this book is to introduce a set of Petri-net-based tools and methods to address a variety of problems associated with the design and implementation of flexible manufacturing systems (FMSs), with several implementation examples.There are three ways this book will directly benefit readers. First, the book will all...
Over the past decade, Artificial Intelligence has proved invaluable in a range of industry verticals such as automotive and assembly, life sciences, retail, oil and gas, and travel. The leading sectors adopting AI rapidly are Financial Services, Automotive and Assembly, High Tech and Telecommunications. Travel has been slow in adoption, but the opportunity for generating incremental value by leveraging AI to augment traditional analytics driven solutions is extremely high. The contributions in this book, originally published as a special issue for the Journal of Revenue and Pricing Management, showcase the breadth and scope of the technological advances that have the potential to transform the travel experience, as well as the individuals who are already putting them into practice.
Group Technology and Cellular Manufacturing (GT/CM) have been widely-researched areas in the past 15 years and much progress has been made in all branches of GT/CM. Resulting from this research activity has been a proliferation of techniques for part-machine grouping, engineering data bases, expert system-based design methods for identifying part families, new analytical and simulation tools for evaluating performance of cells, new types of cell incorporating robotics and flexible automation, team-based approaches for organizing the work force and much more; however, the field lacks a careful compilation of this research and its outcomes. The editors of this book have commissioned leading re...
In two volumes, Planning Production and Inventories in the Extended Enterprise: A State of the Art Handbook examines production planning across the extended enterprise against a backdrop of important gaps between theory and practice. The early chapters describe the multifaceted nature of production planning problems and reveal many of the core complexities. The middle chapters describe recent research on theoretical techniques to manage these complexities. Accounts of production planning system currently in use in various industries are included in the later chapters. Throughout the two volumes there are suggestions on promising directions for future work focused on closing the gaps. Include...
This book constitutes the thoroughly refereed proceedings of the 12th International Conference on Web and Internet Economics, WINE 2016, held in Montreal, QC, Canada, in December 2016. The 35 regular papers presented together with 3 invited talks were carefully reviewed and selected from 88 submissions. The Conference on Web and Internet Economics (WINE) is an interdisciplinary forum for the exchange of ideas and results on incentives and computation arising from the following fields: Theoretical Computer Science, Artificial Intelligence, and Microeconomics.
This book constitutes the refereed proceedings of the 15th International Conference on Foundations of Software Technology and Theoretical Computer Science, FSTTCS '95, held in Bangalore, India in December 1995. The volume presents 31 full revised research papers selected from a total of 106 submissions together with full papers of four invited talks. Among the topics covered are algorithms, software technology, functional programming theory, distributed algorithms, term rewriting and constraint logic programming, complexity theory, process algebras, computational geometry, and temporal logics and verification theory.