A game theory approach in seller–buyer supply chain |
| |
Authors: | M Esmaeili Mir-Bahador Aryanezhad P Zeephongsekul |
| |
Institution: | 1. Department of Industrial Engineering, Iran University of Science and Technology, Tehran, Iran;2. School of Mathematical and Geospatial Sciences, RMIT University, Melbourne, Victoria, Australia |
| |
Abstract: | In this paper, several seller–buyer supply chain models are proposed which incorporate both cost factors as well as elements of competition and cooperation between seller and buyer. We assume that unit marketing expenditure and unit price charged by the buyer influence the demand of the product being sold. The relationships between seller and buyer will be modeled by non-cooperative and cooperative games, respectively. The non-cooperative game is based on the Stackelberg strategy solution concept, where we consider separately the case when the seller is the leader (Seller-Stackelberg) and also when the buyer is the leader (Buyer-Stackelberg). Pareto efficient solutions will be provided for the cooperative game model. Numerical examples presented in this paper, including sensitivity analysis of some key parameters, will compare the results between different models considered. |
| |
Keywords: | Cooperative and non-cooperative game theory Marketing Pricing Seller&ndash buyer supply chain |
本文献已被 ScienceDirect 等数据库收录! |
|