Supply Chains Competition under Uncertainty Concerning Player’s Strategies and Customer Choice Behavior: A Generalized Nash Game Approach
Joint Authors
Hafezalkotob, Ashkan
Makoui, Ahmad
Source
Mathematical Problems in Engineering
Issue
Vol. 2012, Issue 2012 (31 Dec. 2012), pp.1-29, 29 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2012-10-06
Country of Publication
Egypt
No. of Pages
29
Main Subjects
Abstract EN
Decision makers in a supply chain confront two main sources of uncertainty in market environment including uncertainty about customers purchasing behaviors and rival chains strategies.
Focusing on competition between two supply chains, it is considered that each customer as an independent player selects products of these chains based on random utility model.
Similar to quantal response equilibrium approach, we take account of customer rationality as an exogenous parameter.
Moreover, it is assumed that decision makers in a supply chain can perceive an estimation of rival strategies about price and service level formulated in the model by fuzzy strategies.
In the competition model, chain’s decision makers consider a subjective probability for wining each customer which is formulated by coupled constraints.
These constraints connect chains strategies regarding to each customer and yield a generalized Nash equilibrium problem.
Since price cutting and increasing service level are main responses to rival supply chain, after calculating optimal strategies, we show that more efficient responses depend on customer preferences.
American Psychological Association (APA)
Hafezalkotob, Ashkan& Makoui, Ahmad. 2012. Supply Chains Competition under Uncertainty Concerning Player’s Strategies and Customer Choice Behavior: A Generalized Nash Game Approach. Mathematical Problems in Engineering،Vol. 2012, no. 2012, pp.1-29.
https://search.emarefa.net/detail/BIM-1001586
Modern Language Association (MLA)
Hafezalkotob, Ashkan& Makoui, Ahmad. Supply Chains Competition under Uncertainty Concerning Player’s Strategies and Customer Choice Behavior: A Generalized Nash Game Approach. Mathematical Problems in Engineering No. 2012 (2012), pp.1-29.
https://search.emarefa.net/detail/BIM-1001586
American Medical Association (AMA)
Hafezalkotob, Ashkan& Makoui, Ahmad. Supply Chains Competition under Uncertainty Concerning Player’s Strategies and Customer Choice Behavior: A Generalized Nash Game Approach. Mathematical Problems in Engineering. 2012. Vol. 2012, no. 2012, pp.1-29.
https://search.emarefa.net/detail/BIM-1001586
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-1001586