Dependent Retailers' Demand in Game Theoretic Model of Supply Chain

Authors

  • Suriya Sh. Kumacheva Saint Petersburg State University
  • Victor V. Zakharov Saint Petersburg State University

Abstract

Supply chain management is one of the intensively developing areas of applied research. One of the main tools for studying the problems of this area is game theory. This study is based on a two-level supply chain model mathematically described using a hierarchical Stackelberg game. The top player in the hierarchy is the manufacturer and the bottom players are two retailers interacting according to the Cournot game scheme. Unlike previous models, this one assumes that their demands are dependent and jointly distributed. Next, the focus shifts to the study of the interaction pattern of retailers when trading substitute goods. A special case of joint distribution of demand is considered.

Keywords:

two-echelon supply chain, Stackelberg game, Cournot game, dependent demand, joint distribution, substitutable demand, Nash equilibrium

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Published

2023-12-30

How to Cite

Kumacheva, S. S., & Zakharov, V. V. (2023). Dependent Retailers’ Demand in Game Theoretic Model of Supply Chain. Contributions to Game Theory and Management, 16, 99–109. Retrieved from https://gametheory.spbu.ru/article/view/17712

Issue

Vol. 16 (2023)

Section

Articles

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Articles of "Contributions to Game Theory and Management" are open access distributed under the terms of the License Agreement with Saint Petersburg State University, which permits to the authors unrestricted distribution and self-archiving free of charge.