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The Complexity Analysis in Dual-Channel Supply Chain Based on Fairness Concern and Different Business Objectives
Joint Authors
Yu-hao, Zhang
Yi-min, Huang
Li, Qiuxiang
Source
Issue
Vol. 2018, Issue 2018 (31 Dec. 2018), pp.1-13, 13 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2018-05-20
Country of Publication
Egypt
No. of Pages
13
Main Subjects
Abstract EN
We study a dual-channel supply chain which consists of one dual-channel manufacturer and one traditional retailer considering fairness concern.
The manufacturer takes the market share as one of its business objectives in the competition game.
We are devoted to establishing a vertical Nash game model and analyzing the price evolution of the model via the method of complexity theory and take adaptive adjustment control method to control the system’s chaotic state.
The results show that an excessive price adjustment speed will hurt the system’s stability as well as profit of the supply chain.
A high level fair caring for retailer will push the system to fall into chaos earlier, while a higher level fair caring for manufacturer will enlarge the stability region of the system.
Setting the different objectives by the manufacturer will cause drastic competition in dual-channel supply chain.
The research of this paper is of great significance to the decision-makers’ price decision and supply chain operation management.
American Psychological Association (APA)
Li, Qiuxiang& Yu-hao, Zhang& Yi-min, Huang. 2018. The Complexity Analysis in Dual-Channel Supply Chain Based on Fairness Concern and Different Business Objectives. Complexity،Vol. 2018, no. 2018, pp.1-13.
https://search.emarefa.net/detail/BIM-1134346
Modern Language Association (MLA)
Li, Qiuxiang…[et al.]. The Complexity Analysis in Dual-Channel Supply Chain Based on Fairness Concern and Different Business Objectives. Complexity No. 2018 (2018), pp.1-13.
https://search.emarefa.net/detail/BIM-1134346
American Medical Association (AMA)
Li, Qiuxiang& Yu-hao, Zhang& Yi-min, Huang. The Complexity Analysis in Dual-Channel Supply Chain Based on Fairness Concern and Different Business Objectives. Complexity. 2018. Vol. 2018, no. 2018, pp.1-13.
https://search.emarefa.net/detail/BIM-1134346
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-1134346