Weidong Meng

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The least total cost method has been proposed by the existing literature to identify the optimal scheme of equipment renewal when the lifetime of project is limited. But this method does not take account into the condition that the renewed equipment will need to be renewed again when its service time exceeds its economic life limit. Hence, the scheme,(More)
Although the Shapley value method can realize the fair income distribution of the R&D alliance, it cannot achieve the Pareto efficiency. We consider a R&D alliance with a supervisor as the third party in uncertain environments. When the alliance income exceeds the predetermined target income, the alliance income ought to be distributed completely(More)
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