Bargaining in competing supply chains with uncertainty

Wu, Desheng Dash; Baron, Opher; Berman, Oded

doi:10.1016/j.ejor.2008.06.032

Cited by 127 publications

(71 citation statements)

References 18 publications

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“…Most of these researches on the pricing competition problem focus on the following four structures: monopoly common retailer structure [6][7][8], chain-to-chain structure [4,9,10], dual channel structure [11][12][13][14], and monopoly common manufacturer structure, which is studied in this paper. The research on the monopoly common manufacturer structure was initiated by Ingene and Parry [15], considering a coordination problem in a supply chain where a manufacturer sells its products through competing retailers.…”

Section: Literature Reviewmentioning

confidence: 99%

“…They also analyzed the impacts of the retailer's risk sensitivity on the manufacturers' equilibrium strategies. Wu et al [9] considered a joint pricing and quantity competition between two separate supply chains in random environment and explored the effects of randomness on the equilibrium behaviors of the supply chain members. Shi et al [22] utilized a game-theory-based framework to formulate the power in a supply chain and examined how power structure and demand indeterminacy affect the supply chain members' performances.…”

Section: Literature Reviewmentioning

confidence: 99%

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Pricing Decision in a Two-Echelon Supply Chain with Competing Retailers Under Uncertain Environment

et al. 2017

J. Uncertain. Anal. Appl.

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This paper explores a supply chain pricing competition problem in a two-echelon supply chain with one manufacturer and two competing retailers. The manufacturing costs, sales costs, and market bases are all characterized as uncertain variables whose distributions are estimated by experts' experienced data. In consideration of channel members' different market powers, three decentralized game models are employed to explore the equilibrium behaviors in corresponding decision circumstances. How the channel members should choose their most profitable pricing strategies in face of uncertainties is derived from these models. Numerical experiments are conducted to examine the effects of power structures and parameters' uncertain degrees on the pricing decisions of the members. The results show that the existence of dominant powers in the supply chain will increase the sales prices and reduce the profit of the whole supply chain. It is also found that the supply chain members may benefit from higher uncertain degrees of their own costs while the other supply chain members will gain less profits. Additionally, the results demonstrate that the uncertainty of the supply chain will make end consumers pay more. Some other interesting managerial highlights are also obtained in this paper.

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Section: Literature Reviewmentioning

confidence: 99%

Section: Literature Reviewmentioning

confidence: 99%

Pricing Decision in a Two-Echelon Supply Chain with Competing Retailers Under Uncertain Environment

et al. 2017

J. Uncertain. Anal. Appl.

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show abstract

“…Therefore, to ensure better result, the coordination between the players is essential. Combining the revenue-cost sharing contract [28][29][30] and supply chain bargaining [31][32][33], we propose an effectively coordinated mechanism.…”

Section: Supply Chain Coordinationmentioning

confidence: 99%

Decision and Coordination of Carbon Emissions Reduction Strategy in a Two-Echelon Supply Chain Considering Vertical Technology Spillovers

Wang

2016

Preprint

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Abstract:We study a two-echelon supply chain made up of a supplier and a manufacturer, both of which can reduce their component/product carbon emissions. With the vertical technology spillovers, we explore the optimal decisions of centralized and decentralized supply chains with price dependent demand and propose coordination strategy for the decentralized supply chain. Considering the cost contraction effectiveness of the technology spillovers, the centralized and decentralized game theoretic models of a two-echelon supply chain are developed to investigate optimal decisions of pricing and carbon emissions reduction. Through a systematic comparison and numerical analysis, we show that the profits of both players and the entire supply chain improve with the effect of technology spillovers increasing. Carbon emissions reduction will be taken by various protective measures so that the supplier and the manufacturer who do not innovate can hardly share the results of innovating via the "free-riding" methods when the technology spillover is relatively small. We also propose a revenue-cost sharing contract through bargaining to enhance the performance of the decentralized supply chain.

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“…Zhou and Ai (2005) showed that the difference between cost and product has an important effect on the selection of channel structure in the competition between supply chains. Wu et al (2009) considered joint pricing and quantity decisions and competition under three possible supply chain strategies: Vertical Integration (VI), Manufacturer's Stackelberg (MS), and Bargaining on the Wholesale price (BW(α), α is the bargaining parameter) over a single or infinitely many periods. They showed that, in contrast to earlier literature, using VIVI (VI in both chains) is the unique Nash Equilibrium over one period decision, while using MSMS or BW(α)BW(α) may be Nash Equilibrium over infinitely many periods.…”

Section: Competition Between Supply Chainsmentioning

confidence: 99%

A Literature Review on Supply Chain Contracts Selection and Coordination under Competing Multi Manufacturers

Liu¹,

Xu²,

Xu³

2015

IJBM

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The paper based on the supply chain which under competing multi manufacturers as the research object, reviews the research of supply chain contracts selection and coordination. By reviewing the relevant, summarizes the various methods of supply chain competition, supply chain contracts and supply chain coordination. The results have guiding significance for supply chain coordination under competing multi manufacturers and improvement of supply chains performance. The paper also researches the direction of future development in this domain. The future of multiple manufacturers under the competition of supply chain contract selection and coordination problems research will further according to the practical problems, using the game theory, optimization theory, the theory of system simulation method, building a decision model and method system, to promote the development of the theory of supply chain management, and to guide the practice of supply chain management has important practical value.

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Bargaining in competing supply chains with uncertainty

Cited by 127 publications

References 18 publications

Pricing Decision in a Two-Echelon Supply Chain with Competing Retailers Under Uncertain Environment

Pricing Decision in a Two-Echelon Supply Chain with Competing Retailers Under Uncertain Environment

Decision and Coordination of Carbon Emissions Reduction Strategy in a Two-Echelon Supply Chain Considering Vertical Technology Spillovers

A Literature Review on Supply Chain Contracts Selection and Coordination under Competing Multi Manufacturers

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