How to Implement the Wholesale Price Contract: Considering Competition between Supply Chains
Abstract In this paper, we develop the price competition model of two supply chains, in which each supply chain includes one core manufacturer and one retailer, respectively. The manufacturer in each supply chain sells products to the retailer through a commonly-used wholesale price contract. Each m...
Ausführliche Beschreibung
Gespeichert in:
| Autor*in: |
Zhou, Yongwu [verfasserIn] |
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| Format: |
E-Artikel |
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| Sprache: |
Englisch |
| Erschienen: |
2022 |
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| Schlagwörter: |
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| Anmerkung: |
© Systems Engineering Society of China and Springer-Verlag GmbH Germany 2022 |
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| Übergeordnetes Werk: |
Enthalten in: Journal of systems science and systems engineering - Berlin : Springer, 2003, 31(2022), 2 vom: 22. März, Seite 150-173 |
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| Übergeordnetes Werk: |
volume:31 ; year:2022 ; number:2 ; day:22 ; month:03 ; pages:150-173 |
| Links: |
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| DOI / URN: |
10.1007/s11518-022-5522-z |
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| Katalog-ID: |
SPR046698221 |
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| 520 | |a Abstract In this paper, we develop the price competition model of two supply chains, in which each supply chain includes one core manufacturer and one retailer, respectively. The manufacturer in each supply chain sells products to the retailer through a commonly-used wholesale price contract. Each manufacturer has two options to implement the wholesale price contract: playing the Stackelberg game with the retailer and playing the bargaining game with the retailer. Based on the manufacturer’s two alternative performing modes in each supply chain, we consider four combined performing modes of two competitive supply chains in the model. By comparing equilibrium results, we find that when both manufacturers choose to bargain with retailers, the sales volume increases and the sales price decreases. Moreover, the manufacturers’ mode option is affected by bargaining power, product quality level, and the cost of improving product quality. Specifically, when both bargaining power and the cost of improving product quality are relatively small, both manufacturers choose to play Stackelberg game with retailers. When manufacturers’ bargaining power is sufficiently large, regardless of the cost of improving product quality, both manufacturers choose to bargain with retailers. Surprisingly, when the manufacturer chooses to bargain the wholesale price with the retailer, higher product quality is not always beneficial to the retailer because the retailer may have to share part of the cost of the manufacturer. | ||
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| 650 | 4 | |a wholesale price contract |7 (dpeaa)DE-He213 | |
| 650 | 4 | |a Nash bargain |7 (dpeaa)DE-He213 | |
| 650 | 4 | |a Stackelberg game |7 (dpeaa)DE-He213 | |
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| 700 | 1 | |a Wu, Xiaoli |4 aut | |
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10.1007/s11518-022-5522-z doi (DE-627)SPR046698221 (SPR)s11518-022-5522-z-e DE-627 ger DE-627 rakwb eng Zhou, Yongwu verfasserin aut How to Implement the Wholesale Price Contract: Considering Competition between Supply Chains 2022 Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier © Systems Engineering Society of China and Springer-Verlag GmbH Germany 2022 Abstract In this paper, we develop the price competition model of two supply chains, in which each supply chain includes one core manufacturer and one retailer, respectively. The manufacturer in each supply chain sells products to the retailer through a commonly-used wholesale price contract. Each manufacturer has two options to implement the wholesale price contract: playing the Stackelberg game with the retailer and playing the bargaining game with the retailer. Based on the manufacturer’s two alternative performing modes in each supply chain, we consider four combined performing modes of two competitive supply chains in the model. By comparing equilibrium results, we find that when both manufacturers choose to bargain with retailers, the sales volume increases and the sales price decreases. Moreover, the manufacturers’ mode option is affected by bargaining power, product quality level, and the cost of improving product quality. Specifically, when both bargaining power and the cost of improving product quality are relatively small, both manufacturers choose to play Stackelberg game with retailers. When manufacturers’ bargaining power is sufficiently large, regardless of the cost of improving product quality, both manufacturers choose to bargain with retailers. Surprisingly, when the manufacturer chooses to bargain the wholesale price with the retailer, higher product quality is not always beneficial to the retailer because the retailer may have to share part of the cost of the manufacturer. Price competition (dpeaa)DE-He213 wholesale price contract (dpeaa)DE-He213 Nash bargain (dpeaa)DE-He213 Stackelberg game (dpeaa)DE-He213 Liu, Jie aut Wu, Xiaoli aut Enthalten in Journal of systems science and systems engineering Berlin : Springer, 2003 31(2022), 2 vom: 22. März, Seite 150-173 (DE-627)512299315 (DE-600)2235899-7 1861-9576 nnns volume:31 year:2022 number:2 day:22 month:03 pages:150-173 https://dx.doi.org/10.1007/s11518-022-5522-z lizenzpflichtig Volltext GBV_USEFLAG_A SYSFLAG_A GBV_SPRINGER GBV_ILN_11 GBV_ILN_20 GBV_ILN_22 GBV_ILN_23 GBV_ILN_24 GBV_ILN_31 GBV_ILN_32 GBV_ILN_39 GBV_ILN_40 GBV_ILN_60 GBV_ILN_62 GBV_ILN_63 GBV_ILN_65 GBV_ILN_69 GBV_ILN_70 GBV_ILN_73 GBV_ILN_74 GBV_ILN_90 GBV_ILN_95 GBV_ILN_100 GBV_ILN_101 GBV_ILN_105 GBV_ILN_110 GBV_ILN_120 GBV_ILN_138 GBV_ILN_150 GBV_ILN_151 GBV_ILN_152 GBV_ILN_161 GBV_ILN_170 GBV_ILN_171 GBV_ILN_187 GBV_ILN_213 GBV_ILN_224 GBV_ILN_230 GBV_ILN_250 GBV_ILN_281 GBV_ILN_285 GBV_ILN_293 GBV_ILN_370 GBV_ILN_602 GBV_ILN_636 GBV_ILN_702 GBV_ILN_2001 GBV_ILN_2003 GBV_ILN_2004 GBV_ILN_2005 GBV_ILN_2006 GBV_ILN_2007 GBV_ILN_2008 GBV_ILN_2009 GBV_ILN_2010 GBV_ILN_2011 GBV_ILN_2014 GBV_ILN_2015 GBV_ILN_2020 GBV_ILN_2021 GBV_ILN_2025 GBV_ILN_2026 GBV_ILN_2027 GBV_ILN_2031 GBV_ILN_2034 GBV_ILN_2037 GBV_ILN_2038 GBV_ILN_2039 GBV_ILN_2044 GBV_ILN_2048 GBV_ILN_2049 GBV_ILN_2050 GBV_ILN_2055 GBV_ILN_2056 GBV_ILN_2057 GBV_ILN_2059 GBV_ILN_2061 GBV_ILN_2064 GBV_ILN_2065 GBV_ILN_2068 GBV_ILN_2088 GBV_ILN_2093 GBV_ILN_2106 GBV_ILN_2107 GBV_ILN_2108 GBV_ILN_2110 GBV_ILN_2111 GBV_ILN_2112 GBV_ILN_2113 GBV_ILN_2118 GBV_ILN_2122 GBV_ILN_2129 GBV_ILN_2143 GBV_ILN_2144 GBV_ILN_2147 GBV_ILN_2148 GBV_ILN_2152 GBV_ILN_2153 GBV_ILN_2188 GBV_ILN_2190 GBV_ILN_2232 GBV_ILN_2336 GBV_ILN_2446 GBV_ILN_2470 GBV_ILN_2472 GBV_ILN_2507 GBV_ILN_2522 GBV_ILN_2548 GBV_ILN_4035 GBV_ILN_4037 GBV_ILN_4046 GBV_ILN_4112 GBV_ILN_4125 GBV_ILN_4126 GBV_ILN_4242 GBV_ILN_4246 GBV_ILN_4249 GBV_ILN_4251 GBV_ILN_4305 GBV_ILN_4306 GBV_ILN_4307 GBV_ILN_4313 GBV_ILN_4322 GBV_ILN_4323 GBV_ILN_4324 GBV_ILN_4325 GBV_ILN_4326 GBV_ILN_4328 GBV_ILN_4333 GBV_ILN_4334 GBV_ILN_4335 GBV_ILN_4336 GBV_ILN_4338 GBV_ILN_4393 GBV_ILN_4700 AR 31 2022 2 22 03 150-173 |
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10.1007/s11518-022-5522-z doi (DE-627)SPR046698221 (SPR)s11518-022-5522-z-e DE-627 ger DE-627 rakwb eng Zhou, Yongwu verfasserin aut How to Implement the Wholesale Price Contract: Considering Competition between Supply Chains 2022 Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier © Systems Engineering Society of China and Springer-Verlag GmbH Germany 2022 Abstract In this paper, we develop the price competition model of two supply chains, in which each supply chain includes one core manufacturer and one retailer, respectively. The manufacturer in each supply chain sells products to the retailer through a commonly-used wholesale price contract. Each manufacturer has two options to implement the wholesale price contract: playing the Stackelberg game with the retailer and playing the bargaining game with the retailer. Based on the manufacturer’s two alternative performing modes in each supply chain, we consider four combined performing modes of two competitive supply chains in the model. By comparing equilibrium results, we find that when both manufacturers choose to bargain with retailers, the sales volume increases and the sales price decreases. Moreover, the manufacturers’ mode option is affected by bargaining power, product quality level, and the cost of improving product quality. Specifically, when both bargaining power and the cost of improving product quality are relatively small, both manufacturers choose to play Stackelberg game with retailers. When manufacturers’ bargaining power is sufficiently large, regardless of the cost of improving product quality, both manufacturers choose to bargain with retailers. Surprisingly, when the manufacturer chooses to bargain the wholesale price with the retailer, higher product quality is not always beneficial to the retailer because the retailer may have to share part of the cost of the manufacturer. Price competition (dpeaa)DE-He213 wholesale price contract (dpeaa)DE-He213 Nash bargain (dpeaa)DE-He213 Stackelberg game (dpeaa)DE-He213 Liu, Jie aut Wu, Xiaoli aut Enthalten in Journal of systems science and systems engineering Berlin : Springer, 2003 31(2022), 2 vom: 22. März, Seite 150-173 (DE-627)512299315 (DE-600)2235899-7 1861-9576 nnns volume:31 year:2022 number:2 day:22 month:03 pages:150-173 https://dx.doi.org/10.1007/s11518-022-5522-z lizenzpflichtig Volltext GBV_USEFLAG_A SYSFLAG_A GBV_SPRINGER GBV_ILN_11 GBV_ILN_20 GBV_ILN_22 GBV_ILN_23 GBV_ILN_24 GBV_ILN_31 GBV_ILN_32 GBV_ILN_39 GBV_ILN_40 GBV_ILN_60 GBV_ILN_62 GBV_ILN_63 GBV_ILN_65 GBV_ILN_69 GBV_ILN_70 GBV_ILN_73 GBV_ILN_74 GBV_ILN_90 GBV_ILN_95 GBV_ILN_100 GBV_ILN_101 GBV_ILN_105 GBV_ILN_110 GBV_ILN_120 GBV_ILN_138 GBV_ILN_150 GBV_ILN_151 GBV_ILN_152 GBV_ILN_161 GBV_ILN_170 GBV_ILN_171 GBV_ILN_187 GBV_ILN_213 GBV_ILN_224 GBV_ILN_230 GBV_ILN_250 GBV_ILN_281 GBV_ILN_285 GBV_ILN_293 GBV_ILN_370 GBV_ILN_602 GBV_ILN_636 GBV_ILN_702 GBV_ILN_2001 GBV_ILN_2003 GBV_ILN_2004 GBV_ILN_2005 GBV_ILN_2006 GBV_ILN_2007 GBV_ILN_2008 GBV_ILN_2009 GBV_ILN_2010 GBV_ILN_2011 GBV_ILN_2014 GBV_ILN_2015 GBV_ILN_2020 GBV_ILN_2021 GBV_ILN_2025 GBV_ILN_2026 GBV_ILN_2027 GBV_ILN_2031 GBV_ILN_2034 GBV_ILN_2037 GBV_ILN_2038 GBV_ILN_2039 GBV_ILN_2044 GBV_ILN_2048 GBV_ILN_2049 GBV_ILN_2050 GBV_ILN_2055 GBV_ILN_2056 GBV_ILN_2057 GBV_ILN_2059 GBV_ILN_2061 GBV_ILN_2064 GBV_ILN_2065 GBV_ILN_2068 GBV_ILN_2088 GBV_ILN_2093 GBV_ILN_2106 GBV_ILN_2107 GBV_ILN_2108 GBV_ILN_2110 GBV_ILN_2111 GBV_ILN_2112 GBV_ILN_2113 GBV_ILN_2118 GBV_ILN_2122 GBV_ILN_2129 GBV_ILN_2143 GBV_ILN_2144 GBV_ILN_2147 GBV_ILN_2148 GBV_ILN_2152 GBV_ILN_2153 GBV_ILN_2188 GBV_ILN_2190 GBV_ILN_2232 GBV_ILN_2336 GBV_ILN_2446 GBV_ILN_2470 GBV_ILN_2472 GBV_ILN_2507 GBV_ILN_2522 GBV_ILN_2548 GBV_ILN_4035 GBV_ILN_4037 GBV_ILN_4046 GBV_ILN_4112 GBV_ILN_4125 GBV_ILN_4126 GBV_ILN_4242 GBV_ILN_4246 GBV_ILN_4249 GBV_ILN_4251 GBV_ILN_4305 GBV_ILN_4306 GBV_ILN_4307 GBV_ILN_4313 GBV_ILN_4322 GBV_ILN_4323 GBV_ILN_4324 GBV_ILN_4325 GBV_ILN_4326 GBV_ILN_4328 GBV_ILN_4333 GBV_ILN_4334 GBV_ILN_4335 GBV_ILN_4336 GBV_ILN_4338 GBV_ILN_4393 GBV_ILN_4700 AR 31 2022 2 22 03 150-173 |
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10.1007/s11518-022-5522-z doi (DE-627)SPR046698221 (SPR)s11518-022-5522-z-e DE-627 ger DE-627 rakwb eng Zhou, Yongwu verfasserin aut How to Implement the Wholesale Price Contract: Considering Competition between Supply Chains 2022 Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier © Systems Engineering Society of China and Springer-Verlag GmbH Germany 2022 Abstract In this paper, we develop the price competition model of two supply chains, in which each supply chain includes one core manufacturer and one retailer, respectively. The manufacturer in each supply chain sells products to the retailer through a commonly-used wholesale price contract. Each manufacturer has two options to implement the wholesale price contract: playing the Stackelberg game with the retailer and playing the bargaining game with the retailer. Based on the manufacturer’s two alternative performing modes in each supply chain, we consider four combined performing modes of two competitive supply chains in the model. By comparing equilibrium results, we find that when both manufacturers choose to bargain with retailers, the sales volume increases and the sales price decreases. Moreover, the manufacturers’ mode option is affected by bargaining power, product quality level, and the cost of improving product quality. Specifically, when both bargaining power and the cost of improving product quality are relatively small, both manufacturers choose to play Stackelberg game with retailers. When manufacturers’ bargaining power is sufficiently large, regardless of the cost of improving product quality, both manufacturers choose to bargain with retailers. Surprisingly, when the manufacturer chooses to bargain the wholesale price with the retailer, higher product quality is not always beneficial to the retailer because the retailer may have to share part of the cost of the manufacturer. Price competition (dpeaa)DE-He213 wholesale price contract (dpeaa)DE-He213 Nash bargain (dpeaa)DE-He213 Stackelberg game (dpeaa)DE-He213 Liu, Jie aut Wu, Xiaoli aut Enthalten in Journal of systems science and systems engineering Berlin : Springer, 2003 31(2022), 2 vom: 22. März, Seite 150-173 (DE-627)512299315 (DE-600)2235899-7 1861-9576 nnns volume:31 year:2022 number:2 day:22 month:03 pages:150-173 https://dx.doi.org/10.1007/s11518-022-5522-z lizenzpflichtig Volltext GBV_USEFLAG_A SYSFLAG_A GBV_SPRINGER GBV_ILN_11 GBV_ILN_20 GBV_ILN_22 GBV_ILN_23 GBV_ILN_24 GBV_ILN_31 GBV_ILN_32 GBV_ILN_39 GBV_ILN_40 GBV_ILN_60 GBV_ILN_62 GBV_ILN_63 GBV_ILN_65 GBV_ILN_69 GBV_ILN_70 GBV_ILN_73 GBV_ILN_74 GBV_ILN_90 GBV_ILN_95 GBV_ILN_100 GBV_ILN_101 GBV_ILN_105 GBV_ILN_110 GBV_ILN_120 GBV_ILN_138 GBV_ILN_150 GBV_ILN_151 GBV_ILN_152 GBV_ILN_161 GBV_ILN_170 GBV_ILN_171 GBV_ILN_187 GBV_ILN_213 GBV_ILN_224 GBV_ILN_230 GBV_ILN_250 GBV_ILN_281 GBV_ILN_285 GBV_ILN_293 GBV_ILN_370 GBV_ILN_602 GBV_ILN_636 GBV_ILN_702 GBV_ILN_2001 GBV_ILN_2003 GBV_ILN_2004 GBV_ILN_2005 GBV_ILN_2006 GBV_ILN_2007 GBV_ILN_2008 GBV_ILN_2009 GBV_ILN_2010 GBV_ILN_2011 GBV_ILN_2014 GBV_ILN_2015 GBV_ILN_2020 GBV_ILN_2021 GBV_ILN_2025 GBV_ILN_2026 GBV_ILN_2027 GBV_ILN_2031 GBV_ILN_2034 GBV_ILN_2037 GBV_ILN_2038 GBV_ILN_2039 GBV_ILN_2044 GBV_ILN_2048 GBV_ILN_2049 GBV_ILN_2050 GBV_ILN_2055 GBV_ILN_2056 GBV_ILN_2057 GBV_ILN_2059 GBV_ILN_2061 GBV_ILN_2064 GBV_ILN_2065 GBV_ILN_2068 GBV_ILN_2088 GBV_ILN_2093 GBV_ILN_2106 GBV_ILN_2107 GBV_ILN_2108 GBV_ILN_2110 GBV_ILN_2111 GBV_ILN_2112 GBV_ILN_2113 GBV_ILN_2118 GBV_ILN_2122 GBV_ILN_2129 GBV_ILN_2143 GBV_ILN_2144 GBV_ILN_2147 GBV_ILN_2148 GBV_ILN_2152 GBV_ILN_2153 GBV_ILN_2188 GBV_ILN_2190 GBV_ILN_2232 GBV_ILN_2336 GBV_ILN_2446 GBV_ILN_2470 GBV_ILN_2472 GBV_ILN_2507 GBV_ILN_2522 GBV_ILN_2548 GBV_ILN_4035 GBV_ILN_4037 GBV_ILN_4046 GBV_ILN_4112 GBV_ILN_4125 GBV_ILN_4126 GBV_ILN_4242 GBV_ILN_4246 GBV_ILN_4249 GBV_ILN_4251 GBV_ILN_4305 GBV_ILN_4306 GBV_ILN_4307 GBV_ILN_4313 GBV_ILN_4322 GBV_ILN_4323 GBV_ILN_4324 GBV_ILN_4325 GBV_ILN_4326 GBV_ILN_4328 GBV_ILN_4333 GBV_ILN_4334 GBV_ILN_4335 GBV_ILN_4336 GBV_ILN_4338 GBV_ILN_4393 GBV_ILN_4700 AR 31 2022 2 22 03 150-173 |
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10.1007/s11518-022-5522-z doi (DE-627)SPR046698221 (SPR)s11518-022-5522-z-e DE-627 ger DE-627 rakwb eng Zhou, Yongwu verfasserin aut How to Implement the Wholesale Price Contract: Considering Competition between Supply Chains 2022 Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier © Systems Engineering Society of China and Springer-Verlag GmbH Germany 2022 Abstract In this paper, we develop the price competition model of two supply chains, in which each supply chain includes one core manufacturer and one retailer, respectively. The manufacturer in each supply chain sells products to the retailer through a commonly-used wholesale price contract. Each manufacturer has two options to implement the wholesale price contract: playing the Stackelberg game with the retailer and playing the bargaining game with the retailer. Based on the manufacturer’s two alternative performing modes in each supply chain, we consider four combined performing modes of two competitive supply chains in the model. By comparing equilibrium results, we find that when both manufacturers choose to bargain with retailers, the sales volume increases and the sales price decreases. Moreover, the manufacturers’ mode option is affected by bargaining power, product quality level, and the cost of improving product quality. Specifically, when both bargaining power and the cost of improving product quality are relatively small, both manufacturers choose to play Stackelberg game with retailers. When manufacturers’ bargaining power is sufficiently large, regardless of the cost of improving product quality, both manufacturers choose to bargain with retailers. Surprisingly, when the manufacturer chooses to bargain the wholesale price with the retailer, higher product quality is not always beneficial to the retailer because the retailer may have to share part of the cost of the manufacturer. Price competition (dpeaa)DE-He213 wholesale price contract (dpeaa)DE-He213 Nash bargain (dpeaa)DE-He213 Stackelberg game (dpeaa)DE-He213 Liu, Jie aut Wu, Xiaoli aut Enthalten in Journal of systems science and systems engineering Berlin : Springer, 2003 31(2022), 2 vom: 22. März, Seite 150-173 (DE-627)512299315 (DE-600)2235899-7 1861-9576 nnns volume:31 year:2022 number:2 day:22 month:03 pages:150-173 https://dx.doi.org/10.1007/s11518-022-5522-z lizenzpflichtig Volltext GBV_USEFLAG_A SYSFLAG_A GBV_SPRINGER GBV_ILN_11 GBV_ILN_20 GBV_ILN_22 GBV_ILN_23 GBV_ILN_24 GBV_ILN_31 GBV_ILN_32 GBV_ILN_39 GBV_ILN_40 GBV_ILN_60 GBV_ILN_62 GBV_ILN_63 GBV_ILN_65 GBV_ILN_69 GBV_ILN_70 GBV_ILN_73 GBV_ILN_74 GBV_ILN_90 GBV_ILN_95 GBV_ILN_100 GBV_ILN_101 GBV_ILN_105 GBV_ILN_110 GBV_ILN_120 GBV_ILN_138 GBV_ILN_150 GBV_ILN_151 GBV_ILN_152 GBV_ILN_161 GBV_ILN_170 GBV_ILN_171 GBV_ILN_187 GBV_ILN_213 GBV_ILN_224 GBV_ILN_230 GBV_ILN_250 GBV_ILN_281 GBV_ILN_285 GBV_ILN_293 GBV_ILN_370 GBV_ILN_602 GBV_ILN_636 GBV_ILN_702 GBV_ILN_2001 GBV_ILN_2003 GBV_ILN_2004 GBV_ILN_2005 GBV_ILN_2006 GBV_ILN_2007 GBV_ILN_2008 GBV_ILN_2009 GBV_ILN_2010 GBV_ILN_2011 GBV_ILN_2014 GBV_ILN_2015 GBV_ILN_2020 GBV_ILN_2021 GBV_ILN_2025 GBV_ILN_2026 GBV_ILN_2027 GBV_ILN_2031 GBV_ILN_2034 GBV_ILN_2037 GBV_ILN_2038 GBV_ILN_2039 GBV_ILN_2044 GBV_ILN_2048 GBV_ILN_2049 GBV_ILN_2050 GBV_ILN_2055 GBV_ILN_2056 GBV_ILN_2057 GBV_ILN_2059 GBV_ILN_2061 GBV_ILN_2064 GBV_ILN_2065 GBV_ILN_2068 GBV_ILN_2088 GBV_ILN_2093 GBV_ILN_2106 GBV_ILN_2107 GBV_ILN_2108 GBV_ILN_2110 GBV_ILN_2111 GBV_ILN_2112 GBV_ILN_2113 GBV_ILN_2118 GBV_ILN_2122 GBV_ILN_2129 GBV_ILN_2143 GBV_ILN_2144 GBV_ILN_2147 GBV_ILN_2148 GBV_ILN_2152 GBV_ILN_2153 GBV_ILN_2188 GBV_ILN_2190 GBV_ILN_2232 GBV_ILN_2336 GBV_ILN_2446 GBV_ILN_2470 GBV_ILN_2472 GBV_ILN_2507 GBV_ILN_2522 GBV_ILN_2548 GBV_ILN_4035 GBV_ILN_4037 GBV_ILN_4046 GBV_ILN_4112 GBV_ILN_4125 GBV_ILN_4126 GBV_ILN_4242 GBV_ILN_4246 GBV_ILN_4249 GBV_ILN_4251 GBV_ILN_4305 GBV_ILN_4306 GBV_ILN_4307 GBV_ILN_4313 GBV_ILN_4322 GBV_ILN_4323 GBV_ILN_4324 GBV_ILN_4325 GBV_ILN_4326 GBV_ILN_4328 GBV_ILN_4333 GBV_ILN_4334 GBV_ILN_4335 GBV_ILN_4336 GBV_ILN_4338 GBV_ILN_4393 GBV_ILN_4700 AR 31 2022 2 22 03 150-173 |
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10.1007/s11518-022-5522-z doi (DE-627)SPR046698221 (SPR)s11518-022-5522-z-e DE-627 ger DE-627 rakwb eng Zhou, Yongwu verfasserin aut How to Implement the Wholesale Price Contract: Considering Competition between Supply Chains 2022 Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier © Systems Engineering Society of China and Springer-Verlag GmbH Germany 2022 Abstract In this paper, we develop the price competition model of two supply chains, in which each supply chain includes one core manufacturer and one retailer, respectively. The manufacturer in each supply chain sells products to the retailer through a commonly-used wholesale price contract. Each manufacturer has two options to implement the wholesale price contract: playing the Stackelberg game with the retailer and playing the bargaining game with the retailer. Based on the manufacturer’s two alternative performing modes in each supply chain, we consider four combined performing modes of two competitive supply chains in the model. By comparing equilibrium results, we find that when both manufacturers choose to bargain with retailers, the sales volume increases and the sales price decreases. Moreover, the manufacturers’ mode option is affected by bargaining power, product quality level, and the cost of improving product quality. Specifically, when both bargaining power and the cost of improving product quality are relatively small, both manufacturers choose to play Stackelberg game with retailers. When manufacturers’ bargaining power is sufficiently large, regardless of the cost of improving product quality, both manufacturers choose to bargain with retailers. Surprisingly, when the manufacturer chooses to bargain the wholesale price with the retailer, higher product quality is not always beneficial to the retailer because the retailer may have to share part of the cost of the manufacturer. Price competition (dpeaa)DE-He213 wholesale price contract (dpeaa)DE-He213 Nash bargain (dpeaa)DE-He213 Stackelberg game (dpeaa)DE-He213 Liu, Jie aut Wu, Xiaoli aut Enthalten in Journal of systems science and systems engineering Berlin : Springer, 2003 31(2022), 2 vom: 22. März, Seite 150-173 (DE-627)512299315 (DE-600)2235899-7 1861-9576 nnns volume:31 year:2022 number:2 day:22 month:03 pages:150-173 https://dx.doi.org/10.1007/s11518-022-5522-z lizenzpflichtig Volltext GBV_USEFLAG_A SYSFLAG_A GBV_SPRINGER GBV_ILN_11 GBV_ILN_20 GBV_ILN_22 GBV_ILN_23 GBV_ILN_24 GBV_ILN_31 GBV_ILN_32 GBV_ILN_39 GBV_ILN_40 GBV_ILN_60 GBV_ILN_62 GBV_ILN_63 GBV_ILN_65 GBV_ILN_69 GBV_ILN_70 GBV_ILN_73 GBV_ILN_74 GBV_ILN_90 GBV_ILN_95 GBV_ILN_100 GBV_ILN_101 GBV_ILN_105 GBV_ILN_110 GBV_ILN_120 GBV_ILN_138 GBV_ILN_150 GBV_ILN_151 GBV_ILN_152 GBV_ILN_161 GBV_ILN_170 GBV_ILN_171 GBV_ILN_187 GBV_ILN_213 GBV_ILN_224 GBV_ILN_230 GBV_ILN_250 GBV_ILN_281 GBV_ILN_285 GBV_ILN_293 GBV_ILN_370 GBV_ILN_602 GBV_ILN_636 GBV_ILN_702 GBV_ILN_2001 GBV_ILN_2003 GBV_ILN_2004 GBV_ILN_2005 GBV_ILN_2006 GBV_ILN_2007 GBV_ILN_2008 GBV_ILN_2009 GBV_ILN_2010 GBV_ILN_2011 GBV_ILN_2014 GBV_ILN_2015 GBV_ILN_2020 GBV_ILN_2021 GBV_ILN_2025 GBV_ILN_2026 GBV_ILN_2027 GBV_ILN_2031 GBV_ILN_2034 GBV_ILN_2037 GBV_ILN_2038 GBV_ILN_2039 GBV_ILN_2044 GBV_ILN_2048 GBV_ILN_2049 GBV_ILN_2050 GBV_ILN_2055 GBV_ILN_2056 GBV_ILN_2057 GBV_ILN_2059 GBV_ILN_2061 GBV_ILN_2064 GBV_ILN_2065 GBV_ILN_2068 GBV_ILN_2088 GBV_ILN_2093 GBV_ILN_2106 GBV_ILN_2107 GBV_ILN_2108 GBV_ILN_2110 GBV_ILN_2111 GBV_ILN_2112 GBV_ILN_2113 GBV_ILN_2118 GBV_ILN_2122 GBV_ILN_2129 GBV_ILN_2143 GBV_ILN_2144 GBV_ILN_2147 GBV_ILN_2148 GBV_ILN_2152 GBV_ILN_2153 GBV_ILN_2188 GBV_ILN_2190 GBV_ILN_2232 GBV_ILN_2336 GBV_ILN_2446 GBV_ILN_2470 GBV_ILN_2472 GBV_ILN_2507 GBV_ILN_2522 GBV_ILN_2548 GBV_ILN_4035 GBV_ILN_4037 GBV_ILN_4046 GBV_ILN_4112 GBV_ILN_4125 GBV_ILN_4126 GBV_ILN_4242 GBV_ILN_4246 GBV_ILN_4249 GBV_ILN_4251 GBV_ILN_4305 GBV_ILN_4306 GBV_ILN_4307 GBV_ILN_4313 GBV_ILN_4322 GBV_ILN_4323 GBV_ILN_4324 GBV_ILN_4325 GBV_ILN_4326 GBV_ILN_4328 GBV_ILN_4333 GBV_ILN_4334 GBV_ILN_4335 GBV_ILN_4336 GBV_ILN_4338 GBV_ILN_4393 GBV_ILN_4700 AR 31 2022 2 22 03 150-173 |
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How to Implement the Wholesale Price Contract: Considering Competition between Supply Chains Price competition (dpeaa)DE-He213 wholesale price contract (dpeaa)DE-He213 Nash bargain (dpeaa)DE-He213 Stackelberg game (dpeaa)DE-He213 |
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how to implement the wholesale price contract: considering competition between supply chains |
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How to Implement the Wholesale Price Contract: Considering Competition between Supply Chains |
| abstract |
Abstract In this paper, we develop the price competition model of two supply chains, in which each supply chain includes one core manufacturer and one retailer, respectively. The manufacturer in each supply chain sells products to the retailer through a commonly-used wholesale price contract. Each manufacturer has two options to implement the wholesale price contract: playing the Stackelberg game with the retailer and playing the bargaining game with the retailer. Based on the manufacturer’s two alternative performing modes in each supply chain, we consider four combined performing modes of two competitive supply chains in the model. By comparing equilibrium results, we find that when both manufacturers choose to bargain with retailers, the sales volume increases and the sales price decreases. Moreover, the manufacturers’ mode option is affected by bargaining power, product quality level, and the cost of improving product quality. Specifically, when both bargaining power and the cost of improving product quality are relatively small, both manufacturers choose to play Stackelberg game with retailers. When manufacturers’ bargaining power is sufficiently large, regardless of the cost of improving product quality, both manufacturers choose to bargain with retailers. Surprisingly, when the manufacturer chooses to bargain the wholesale price with the retailer, higher product quality is not always beneficial to the retailer because the retailer may have to share part of the cost of the manufacturer. © Systems Engineering Society of China and Springer-Verlag GmbH Germany 2022 |
| abstractGer |
Abstract In this paper, we develop the price competition model of two supply chains, in which each supply chain includes one core manufacturer and one retailer, respectively. The manufacturer in each supply chain sells products to the retailer through a commonly-used wholesale price contract. Each manufacturer has two options to implement the wholesale price contract: playing the Stackelberg game with the retailer and playing the bargaining game with the retailer. Based on the manufacturer’s two alternative performing modes in each supply chain, we consider four combined performing modes of two competitive supply chains in the model. By comparing equilibrium results, we find that when both manufacturers choose to bargain with retailers, the sales volume increases and the sales price decreases. Moreover, the manufacturers’ mode option is affected by bargaining power, product quality level, and the cost of improving product quality. Specifically, when both bargaining power and the cost of improving product quality are relatively small, both manufacturers choose to play Stackelberg game with retailers. When manufacturers’ bargaining power is sufficiently large, regardless of the cost of improving product quality, both manufacturers choose to bargain with retailers. Surprisingly, when the manufacturer chooses to bargain the wholesale price with the retailer, higher product quality is not always beneficial to the retailer because the retailer may have to share part of the cost of the manufacturer. © Systems Engineering Society of China and Springer-Verlag GmbH Germany 2022 |
| abstract_unstemmed |
Abstract In this paper, we develop the price competition model of two supply chains, in which each supply chain includes one core manufacturer and one retailer, respectively. The manufacturer in each supply chain sells products to the retailer through a commonly-used wholesale price contract. Each manufacturer has two options to implement the wholesale price contract: playing the Stackelberg game with the retailer and playing the bargaining game with the retailer. Based on the manufacturer’s two alternative performing modes in each supply chain, we consider four combined performing modes of two competitive supply chains in the model. By comparing equilibrium results, we find that when both manufacturers choose to bargain with retailers, the sales volume increases and the sales price decreases. Moreover, the manufacturers’ mode option is affected by bargaining power, product quality level, and the cost of improving product quality. Specifically, when both bargaining power and the cost of improving product quality are relatively small, both manufacturers choose to play Stackelberg game with retailers. When manufacturers’ bargaining power is sufficiently large, regardless of the cost of improving product quality, both manufacturers choose to bargain with retailers. Surprisingly, when the manufacturer chooses to bargain the wholesale price with the retailer, higher product quality is not always beneficial to the retailer because the retailer may have to share part of the cost of the manufacturer. © Systems Engineering Society of China and Springer-Verlag GmbH Germany 2022 |
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How to Implement the Wholesale Price Contract: Considering Competition between Supply Chains |
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https://dx.doi.org/10.1007/s11518-022-5522-z |
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Liu, Jie Wu, Xiaoli |
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| doi_str |
10.1007/s11518-022-5522-z |
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2024-07-03T23:58:29.943Z |
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