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| Content Provider | Springer Nature Link |
|---|---|
| Author | Kogan, Konstantin Tapiero, Charles S. |
| Copyright Year | 2010 |
| Abstract | This paper addresses the economic efficiency of water production and distribution in a vertical supply chain consisting of a water-provider and a consumer (municipality). The inherent conflicts over stocks and supply costs that emerge among the parties in the water supply chain are modeled as a zero-sum stochastic differential game. Consequently, the effects of collaboration and competition are contrasted as well as the application of block pricing and subsidies in overcoming potential conflicts between the water-provider and the municipality subject to political risks of not meeting demands for water. The effect of uncertainty is elaborated as well. In particular, we show that when the supply variance depends on the mean supply, the effect of uncertainty depends on the intensity of the conflict between the municipality and the water-provider. |
| Starting Page | 199 |
| Ending Page | 217 |
| Page Count | 19 |
| File Format | |
| ISSN | 02545330 |
| Journal | Annals of Operations Research |
| Volume Number | 181 |
| Issue Number | 1 |
| e-ISSN | 15729338 |
| Language | English |
| Publisher | Springer US |
| Publisher Date | 2010-03-11 |
| Publisher Place | Boston |
| Access Restriction | One Nation One Subscription (ONOS) |
| Subject Keyword | Water management Supply chain Differential games Theory of Computation Combinatorics Operations Research/Decision Theory |
| Content Type | Text |
| Resource Type | Article |
| Subject | Management Science and Operations Research |
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