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The advent of the Information Age has transformed the ways in which
individuals work, travel, and conduct their daily activity. Anna
Nagurney and June Dong lay out the theory of supernetworks,
networks that exist over and above existing electronic networks, in
order to formalize decision-making in the Information Age.
Supernetworks are conceptual in scope, graphical in perspective,
and, with the accompanying theory, predictive in nature. In this
book, the authors provide a unifying framework for the study of
decision-making by a variety of economic agents including consumers
and producers as well as distinct intermediaries in the context of
today's networked economy. They provide the conceptual, analytical,
and computational tools for the study of supernetworks. Their
approach is rigorous and of sufficient generality and detail to
give added insight into the behavior and structure of large-scale,
interacting and competitive network systems, such as
transportation, telecommunication, and financial networks. Areas
studied include: supply chain networks with electronic commerce,
financial networks with intermediation, telecommunicating versus
commuting decision-making, teleshopping versus shopping
decision-making, as well as transportation and location decisions.
Case studies drawn from practice are provided for illustration
purposes. Academics and practitioners in economics, business, and
operations research along with management scientists,
transportation and logistics researchers, computer scientists and
applied mathematicians will find this book fascinating and useful.
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