Staff Publications

Staff Publications

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    'Staff publications' is the digital repository of Wageningen University & Research

    'Staff publications' contains references to publications authored by Wageningen University staff from 1976 onward.

    Publications authored by the staff of the Research Institutes are available from 1995 onwards.

    Full text documents are added when available. The database is updated daily and currently holds about 240,000 items, of which 72,000 in open access.

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Record number 347322
Title Stability likelihood of coalitions in a two-stage cartel game: An estimation method
Author(s) Olieman, N.J.; Hendrix, E.M.T.
Source European Journal of Operational Research 174 (2006)1. - ISSN 0377-2217 - p. 333 - 348.
DOI https://doi.org/10.1016/j.ejor.2005.01.040
Department(s) Operations Research and Logistics
MGS
Publication type Refereed Article in a scientific journal
Publication year 2006
Abstract Existing formulations of a cartel game aim at finding stable coalitions, i.e. a coalition is labelled stable or not stable. Uncertainty about the underlying structure and/or parameter values gives rise to sensitivity or uncertainty analysis. In this paper we follow a probabilistic robustness concept: What is the probability a product, design or policy really fulfils the requirements or properties it is expected to. Following this idea, we introduce the concept of stability likelihood: What is the probability a coalition can be labelled as stable. Methods are described based on Monte Carlo Simulation and Directional Simulation to estimate such a probability and we illustrate the performance for several cases
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