3265. Managing Supply Chain Disruptions in Multinational Corridors: A Stochastic Differential Game with Geopolitical Risk and Infrastructure Constraints
Invited abstract in session Climate and Development Economies, stream OR for Development.
Authors (first author is the speaker)
| 1. | Nahid Jafari
|
| School of Business, SUNY Farmingdale | |
| 2. | Bruno Kamdem
|
| Department of Business Management, SUNY Farmingdale State College, School of Business |
Abstract
The volatility of global commodity prices is increasingly exacerbated by regional instabilities. This crisis is forcing sovereign governments and private carriers into a complex strategic tug-of-war over revenue and survival. In this paper, we address the critical problem of maintaining corridor viability amidst such disruptions, motivated by the need for resilient infrastructure management during geopolitical shocks. We employ a stochastic differential game framework, utilizing Hamilton-Jacobi-Isaacs equations to derive a unique Feedback Nash Equilibrium for optimal tax and freight rates.
Keywords
- Game Theory
- Sustainable Transportation
- Supply Chain Management
Status: accepted
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