Optimal contracting structure between cellulosic biorefineries and farmers to reduce the impact of biomass supply variation: game theoretic analysis

2016 ◽  
Vol 10 (2) ◽  
pp. 129-138 ◽  
Author(s):  
Rajdeep Golecha ◽  
Jianbang Gan
Keyword(s):  
Theoretic Analysis ◽  
Game Theoretic Analysis ◽  
Biomass Supply ◽  
Optimal Contracting ◽  
Game Theoretic ◽  
The Impact

A game-theoretic analysis of the government's role on the biomass supply chain construction

2016 ◽  
Vol 38 (5) ◽  
pp. 444-458 ◽  
Author(s):  
Mingling Zhai ◽  
Xu Zhang ◽  
Fei Cheng ◽  
Xiang Zhou ◽  
Xing Su
Keyword(s):  
Supply Chain ◽  
Theoretic Analysis ◽  
Game Theoretic Analysis ◽  
Biomass Supply ◽  
Game Theoretic

scholarly journals Thanking, Apologizing, Bragging, and Blaming: Responsibility Exchange Theory and the Currency of Communication

2017 ◽  
Author(s):  
Shereen Jehan Chaudhry ◽  
George Loewenstein
Keyword(s):  
Social Interactions ◽  
Strategic Communication ◽  
Exchange Theory ◽  
Theoretic Analysis ◽  
Social Psychological ◽  
Future Directions ◽  
Game Theoretic Analysis ◽  
Game Theoretic ◽  
The Impact ◽  
Scenario Study

From the time we are children, we are taught to say “thank you” and “I’m sorry.” These communications are central to many social interactions, and the failure to say them often leads to conflict in relationships. Research has documented that, alongside the impact they can have on relationships, apologies and thanks can also impact material outcomes as small as restaurant tips and as significant as settlements of medical malpractice lawsuits. But, it is trivial to utter the words; how can such “cheap talk” carry so much value? In this paper, we propose a “responsibility exchange theory” that explains why these communications are not costless, and which draws connections between four forms of communication that have not previously been connected: thanking, apologizing, bragging, and blaming. All four of these communications relay information about credit or blame, and thus introduce image-based costs and benefits for both the communicator and the recipient of communication: Each of the four communications involves a tradeoff between appearing competent and appearing warm. By formalizing these social psychological insights with a utility-based approach to modeling communication, and by applying game theoretic analysis, we offer new insights about social communication. We test several of the model’s novel predictions about strategic communication in two experiments: The first involves hypothetical choices in a scenario study, and the second involves real choices in a live interaction. We end with a discussion of the theory’s place in the literature and consider extended predictions and applications as examples of future directions for research.

scholarly journals A game theoretic approach reveals that discretizing clinical information can reduce antibiotic misuse

2021 ◽  
Vol 12 (1) ◽  
Author(s):  
Maya Diamant ◽  
Shoham Baruch ◽  
Eias Kassem ◽  
Khitam Muhsen ◽  
Dov Samet ◽  
...  
Keyword(s):  
Antibiotic Prescription ◽  
Clinical Information ◽  
Social Optimum ◽  
Theoretic Approach ◽  
Theoretic Analysis ◽  
Game Theoretic Analysis ◽  
Optimal Output ◽  
The Social ◽  
Game Theoretic ◽  
Game Theoretic Approach

AbstractThe overuse of antibiotics is exacerbating the antibiotic resistance crisis. Since this problem is a classic common-goods dilemma, it naturally lends itself to a game-theoretic analysis. Hence, we designed a model wherein physicians weigh whether antibiotics should be prescribed, given that antibiotic usage depletes its future effectiveness. The physicians’ decisions rely on the probability of a bacterial infection before definitive laboratory results are available. We show that the physicians’ equilibrium decision rule of antibiotic prescription is not socially optimal. However, we prove that discretizing the information provided to physicians can mitigate the gap between their equilibrium decisions and the social optimum of antibiotic prescription. Despite this problem’s complexity, the effectiveness of the discretization solely depends on the type of information available to the physician to determine the nature of infection. This is demonstrated on theoretic distributions and a clinical dataset. Our results provide a game-theory based guide for optimal output of current and future decision support systems of antibiotic prescription.

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