DocumentCode
2448231
Title
The Application of Game Theory in Enterprise´ Transaction of Purchasing
Author
Hua, Jiang
Author_Institution
Sch. of Econ. & Manage., Hebei Univ. of Eng., Handan, China
fYear
2009
fDate
25-26 April 2009
Firstpage
102
Lastpage
104
Abstract
In the market economy, the cost of purchasing is one of the factors affecting the profit, so apply the theory of ldquodominant strategyrdquo to the process of purchasing, the decision-makers can control the daily transaction of purchasing more smoothly, and thus to realize the purpose of controlling and reducing cost. Practice shows this model is fairly reasonable and scientific especially applying to the enterprises who need a great of material and have many suppliers.
Keywords
decision making; economics; electronic commerce; game theory; profitability; purchasing; cost reduction; decision-making; dominant strategy; enterprise transaction; game theory; market economy; profit; purchasing; Artificial intelligence; Conference management; Contracts; Costs; Engineering management; Game theory; Marketing and sales; Nominations and elections; Procurement; Production; dominant strategy; game theory; purchasing; suppliers;
fLanguage
English
Publisher
ieee
Conference_Titel
Artificial Intelligence, 2009. JCAI '09. International Joint Conference on
Conference_Location
Hainan Island
Print_ISBN
978-0-7695-3615-6
Type
conf
DOI
10.1109/JCAI.2009.83
Filename
5158949
Link To Document