UPDF AI

Game Theory and Purchasing Management: An Empirical Study of Auctioning in the Automotive Sector

Miguel Mediavilla,Carolina Bernardos,Sandra Martínez

2015 · DOI: 10.1007/978-3-319-22759-7_23
Advances in Production Management Systems · 2 Citations

TLDR

How game theory can be systematically utilised for designing negotiations and getting more efficient results is discussed by presenting an empirical study on automotive sector company, specifically on a bidding process for constructing a new production facility in Mexico.