IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/35335.html
   My bibliography  Save this paper

Balancing pairs of interfering elements

Author

Listed:
  • Carfì, David
  • Gambarelli, Gianfranco
  • Uristani, Angelo

Abstract

Many decisions in different fields of application have to take into account the joined effects of two elements that can interfere with each other. For example, in Industrial Economics the demand of an asset can be influenced by the supply of another asset, with synergic or antagonistic effects. The same happens in Public Economics, where two differing economic policies can create mutual interference. Analogously in Medicine and Life Sciences with drugs whose combined administration can produce extra damages or synergies. Other examples occur in Agriculture, Zootechnics and so on. When it is necessary to intervene in such elements, there is sometimes a primary interest for one effect rather than another. For example, if the importance of the effect of an element is ten times greater than the importance of the effect of another, then it is convenient to take this importance into consideration in deciding to what extent it should be employed. With this in mind, the model proposed here allows the optimal quantities of two elements that interfere with each other to be calculated, taking into account the minimum quantities to be allocated. Algorithms for determining solutions for continuous effects' functions are given, together with software specifically for the case of bilinear functions. It concludes with the presentation of applications particularly to economical problems.

Suggested Citation

  • Carfì, David & Gambarelli, Gianfranco & Uristani, Angelo, 2011. "Balancing pairs of interfering elements," MPRA Paper 35335, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:35335
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/35335/1/MPRA_paper_35335.pdf
    File Function: original version
    Download Restriction: no

    References listed on IDEAS

    as
    1. Ron Kemp & Edwin Nijssen & Patrick Vermeulen & Bas Hillebrand, 2004. "Understanding the Role of Willingness to Cannibalize in New Service Development," Scales Research Reports H200308, EIM Business and Policy Research.
    2. Maria Rosa Battaggion & Daniela Grieco, 2007. "R&D Competition with Radical and Incremental Innovation," Working Papers (-2012) 0701, University of Bergamo, Department of Economics.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Carfì, David & Fici, Caterina, 2012. "The government-taxpayer game," MPRA Paper 38506, University Library of Munich, Germany.

    More about this item

    Keywords

    Antagonist Elements; Interfering Elements; Optimal dosage; Combinations of interfering strategies; Synergies;

    JEL classification:

    • D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
    • D2 - Microeconomics - - Production and Organizations
    • C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory
    • C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games
    • E23 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Production
    • C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:35335. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Joachim Winter). General contact details of provider: http://edirc.repec.org/data/vfmunde.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.