Abstract
AbstractFrom a common point of view, quantum mechanics, psychology, and decision science disciplines try to predict how unruly systems (atomic particles, human behaviors, and decision makers’ choices) might behave in the future. Effective predicting outcome of a capacity allocation game under various allocation policies requires a profound understanding as how strategic reasoning of decision makers contributes to the financial gain of players. A quantum game framework is employed in the current study to investigate how performance of allocation policies is affected when buyers strategize over order quantities. The results show that the degree of being manipulative for allocation mechanisms is not identical and adopting adaptive quantum method is the most effective approach to secure the highest fill rate and profit when it is practiced under a reasonable range of entanglement levels.
Funder
Royal Melbourne Institute of Technology
Publisher
Springer Science and Business Media LLC
Subject
Management Information Systems,Business, Management and Accounting (miscellaneous),Management Science and Operations Research,Statistics, Probability and Uncertainty
Cited by
1 articles.
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