Please use this identifier to cite or link to this item:
http://dspace.cityu.edu.hk/handle/2031/7333
Title: | Equilibrium contracting strategy under supply chain to supply chain competition |
Authors: | Fang, Yaner Shou, Biying Wang, Yaoyu Hua, Zhongsheng |
Department: | Department of Management Sciences |
Issue Date: | Jul-2013 |
Award: | Won the Best Student Paper Award in the 2013 10th International Conference on Service Systems and Service Management (ICSSSM), Hong Kong. |
Supervisor: | Dr. Shou, Biying |
Description: | The award winning work was published in the proceedings: 2013 10th International Conference on Service Systems and Service Management (ICSSSM), 316-321. DOI:10.1109/ICSSSM.2013.6602586 |
Type: | Conference paper/presentation |
Abstract: | We consider two competing supply chains, each consisting of one dominant supplier and one retailer. The supplier offers either a consignment contract or a wholesale-price contract. If the retailer accepts the contract, she then decides the stocking level and the retail price of the product. The demand for each product is stochastic and price-sensitive. We show that the equilibrium contract strategy depends on the price sensitivity of the demand and the cost-share rate of the retailer. More specifically, for symmetric supply chains, we observe that consignment contract is the equilibrium strategy of the two supply chains when (1) the retailer’s cost-share rate is large, or (2) the retailer’s cost-share rate and price sensitivities are small; otherwise, wholesale-price contract is the equilibrium strategy of the two supply chains. |
Appears in Collections: | Student Works With External Awards |
Files in This Item:
File | Size | Format | |
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award_winning_work.html | 161 B | HTML | View/Open |
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