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Two-tier equilibria for supply chains with a single manufacturer and multiple asymmetric retailers
Authors:George J Kyparisis  Christos Koulamas
Institution:Department of Decision Sciences and Information Systems, College of Business Administration, Florida International University, Miami, FL 33199, USA
Abstract:We derive sufficient conditions for the existence and uniqueness of the Stackelberg–Nash–Cournot equilibria for a supply chain problem with a single manufacturer and multiple asymmetric retailers and characterize the first and second order derivatives of the total equilibrium quantities. The Stackelberg manufacturer is assumed to supply a homogeneous product to all retailers with the retail price determined by a general nonlinear inverse demand function. We provide several extensions of our previous results G.J. Kyparisis, C. Koulamas, A note on equilibria for two-tier supply chains with a single manufacturer and multiple retailers, Operations Research Letters 39 (2011) 471–474] obtained for a similar supply chain with symmetric retailers.
Keywords:Supply chains  Stackelberg leader–follower  Nash–Cournot equilibria  Oligopoly
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