R. J. Aumann, “Subjectivity and Correlation in Randomized Strategies,” Journal of Mathematical Economics, Vol. 1, No. 1, 1974, pp. 69-96.doi10.1016/0304-4068(74)90037-8 - References

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R. J. Aumann, “Subjectivity and Correlation in Randomized Strategies,” Journal of Mathematical Economics, Vol. 1, No. 1, 1974, pp. 69-96. doi:10.1016/0304-4068(74)90037-8

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TITLE: Economic Station-Centered Network and Invisible Collaboration: A Cyclic vs. Semi-Cyclic View

AUTHORS: Masayuki Matsui

KEYWORDS: Economics/Reliability; Ellipse Theory; Demand Speed (Invisible Hand); Station-Centered Approach; Economic Balancing; Parallel Type Collaboration

JOURNAL NAME: Theoretical Economics Letters, Vol.2 No.3, August 2, 2012

ABSTRACT: By our past review, this paper will verify the hypothesis that the autonomous (invisible) body balancing would be better under changeable demand speed and a leading principle in the collaborative networks. This hypothesis was first utilized in the Conveyor-Serviced Production System (CSP System) with cycle time by a Station-Centered Approach to the physical networks. Recently, we are ascertaining this hypothesis in cost/profit balancing under demand speed (invisible hand) at the economic body chain networks. Generally, it becomes simpler at series (cyclic) type, but would not be so at parallel (semi-cyclic) type. Throughout this paper, we will point out the principle of autonomous (invisible) body ba-lancing by demand speed (cycle time), and would extend to a parallel (semi-cyclic) supply chain by the Station-Centered Approach. This thing would bring the invisible merit that the profit maximization occurs at the relative cost balancing of each enterprise in a series-parallel body network.

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