Impact of a financial risk-sharing scheme on budget-impact estimations: a game-theoretic approach Academic Article uri icon

abstract

  • In reaction to applying a substantial risk-sharing rebate α on the manufacturer, both players are expected to adjust their budget estimates toward an optimal equilibrium. Increasing α is a better vehicle for reaching the desired equilibrium rather than increasing γ, as the manufacturer’s rebate α substantially influences both players, whereas γ has little effect on the players behavior. Copyright Springer-Verlag Berlin Heidelberg 2014

publication date

  • January 1, 2014