Analyzing Scrip Systems

Scrip systems provide a nonmonetary trade economy for exchange of resources. We model a scrip system as a stochastic game and study system design issues on selection rules to match potential trade partners over time. We show the optimality of one particular rule in terms of maximizing social welfare...

ver descrição completa

Detalhes bibliográficos
Main Authors: Johnson, Kristine Dianne, Simchi-Levi, David, Sun, Peng
Outros Autores: Massachusetts Institute of Technology. Engineering Systems Division
Formato: Artigo
Idioma:en_US
Publicado em: Institute for Operations Research and the Management Sciences (INFORMS) 2014
Acesso em linha:http://hdl.handle.net/1721.1/89651
https://orcid.org/0000-0002-4650-1519