Inventory competition in a multi channel distribution system: The Nash and Stackelberg game - Computer Science > Computer Science and Game TheoryReportar como inadecuado




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Abstract: This paper investigates inventory management in a multi channel distributionsystem consisting of one manufacturer and an arbitrary number of retailers thatface stochastic demand. Existence of the pure Nash equilibrium is proved andparameter restriction which implies uniqueness of it is derived. Also theStackelberg game where the manufacturer plays a roll as a leader is discussed.Under specified parameter restrictions which guarantee profitability,sufficient condition for uniqueness of Stackelberg equilibrium is obtained. Inaddition comparison with simultaneous move game is made. The result shows thatwhen whole prices are equal to production cost, manufacturer carries moreinventory than simultaneous move game. Keywords: Inventory management,Substitution, Nash equilibrium, Stackelberg equilibrium.



Autor: Mahtab Hoseininia, Farzad Didehvar, Mir Mehdi Seyyed Esfahani

Fuente: https://arxiv.org/







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