A Differential Game for Optimal Water Price Management

Supply quality management with optimal wholesale price and revenue sharing contracts: A two-stage game approach

One of the main priorities of companies involved in supply chains is improving the quality of their products. However, as in other parts of supply chain management, decentralized decision-making in supply quality management is prevalent, which causes inefficiencies such as the well-known double marginalization phenomenon. Coordinating schemes, such as the revenue sharing contract, can contribut...

A Stochastic Model for Water Resources Management

Irrigation water management is crucial for agricultural production and livelihood security in many regions and countries throughout the world. Over the past decades, controversial and conflictladen water-allocation issues among competing municipal, industrial and agricultural interests have raised increasing concerns. Particularly, growing population, varying natural conditions and shrinking wa...

A maintenance system model for optimal reconfigurable vibrating screen management

The reconfigurable vibrating screen (RVS) machine is an innovative beneficiation machine designed for screening different mineral particles of varying sizes and volumes required by the customers’ through the geometric transformation of its screen structure. The successful RVS machine upkeep requires its continuous, availability, reliability and maintainability. The RVS machine downtime, which c...

a benchmarking approach to optimal asset allocation for insurers and pension funds

uncertainty in the financial market will be driven by underlying brownian motions, while the assets are assumed to be general stochastic processes adapted to the filtration of the brownian motions. the goal of this study is to calculate the accumulated wealth in order to optimize the expected terminal value using a suitable utility function. this thesis introduced the lim-wong’s benchmark fun...

A Differential Oligopoly Game with Sticky Prices and Environmental Externality