| Article ID: | iaor20052029 |
| Country: | Netherlands |
| Volume: | 156 |
| Issue: | 1 |
| Start Page Number: | 127 |
| End Page Number: | 139 |
| Publication Date: | Jul 2004 |
| Journal: | European Journal of Operational Research |
| Authors: | Borm Peter, Garca-Jurado Ignacio, Meca Ana, Timmer Judith |
| Keywords: | game theory |
Inventory management studies how a single firm can minimize the average cost per time unit of its inventory. In this paper we extend this analysis to situations where a collective of firms minimizes its joint inventory cost by means of cooperation. Depending on the information revealed by the individual firms, we analyze related cooperative TU games and focus on proportional division mechanisms to share the joint cost.