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- W1907806504 abstract "While economies of scale are an obvious advantage for a purchasing consortium as a whole, the benefits for one member is not always clear. He may fear that other members benefit parasitically from his leverage causing lack of commitment and hesitance to join aconsortium. This paper presents an instrument that provides clarity in the allocation of cost savings by modelling a purchasing consortium as a cooperative game. With this model we analyse how common approaches to this allocation problem fit with gametheoretic concepts. As it turns out, all members paying the same price per item is not a good policy in general. This policy may allocate the largest share of consortium savings to members with the least leverage. Instead game theoretic concepts like the compromisevalue should be preferred, as they always give reasonable solutions to this problem." @default.
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- W1907806504 date "2002-01-01" @default.
- W1907806504 modified "2023-09-26" @default.
- W1907806504 title "Allocating savings in purchasing consortia; analysing solutions from a game theoretic perspective" @default.
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