Cost sharing, capacity investment and pricing in networks / Anja Schedel.
2021
HF5416.5
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Title
Cost sharing, capacity investment and pricing in networks / Anja Schedel.
Author
ISBN
9783658331702 (electronic bk.)
3658331704 (electronic bk.)
3658331690
9783658331696
3658331704 (electronic bk.)
3658331690
9783658331696
Published
Wiesbaden : Springer Spektrum, 2021.
Language
English
Description
1 online resource
Item Number
10.1007/978-3-658-33170-2 doi
Call Number
HF5416.5
Dewey Decimal Classification
658.8/16
Summary
Anja Schedel analyzes two models in the field of algorithmic game theory which both constitute bilevel problems in networks. The first model is a game-theoretic variant of the well-known Steiner forest problem, and one is interested in an optimal sharing of the cost of the Steiner forest. The author provides (and partially exactly characterizes) network structures which allow for cost-minimal pure Nash equilibria. The second model is motivated from privatized public roads, in which private, selfishly acting firms build roads, and as compensation for their investment, are allowed to set prices for using the roads. For a basic model of this situation, the author shows existence and uniqueness of pure Nash equilibria. The existence result requires a non-standard proof approach since techniques like Kakutani's fixed point theorem cannot be applied directly.
Bibliography, etc. Note
Includes bibliographical references.
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Source of Description
Online resource; title from PDF title page (SpringerLink, viewed July 19, 2021).
Series
Mathematische Optimierung und Wirschaftsmathematik.
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Table of Contents
Introduction
Preliminaries
Cost Sharing in Networks
Capacity and Price Competition in Networks
Conclusion.
Preliminaries
Cost Sharing in Networks
Capacity and Price Competition in Networks
Conclusion.