DocumentCode
2180230
Title
Supply Chain Game: Economic Analysis on Differentiated Competition
Author
Zou Huixia ; Song Jiao ; Sun Dengkui
Author_Institution
Econ. & Manage. Sch., Wuhan Univ., Wuhan, China
fYear
2010
fDate
24-26 Aug. 2010
Firstpage
1
Lastpage
4
Abstract
Theories and methods of supply chain game are exploratory and advanced topics. Differentiated competition is the key element of the game. Based on classic economic models, the game participants are extended from two to multiplicity. Studies show that supply chain games all get 0 profits with no differences. Analysis on differentiation suggests Hotelling Model arisen from horizontal differentiation can break 0 profits and solve the mystery of Bertrand Paradox. So does the vertical differentiation. They can all bring excessive profit.
Keywords
economics; game theory; supply chain management; Bertrand Paradox msytery; differentiated competition; economic analysis; horizontal differentiation; hotelling model; supply chain game; vertical differentiation; Analytical models; Biological system modeling; Economics; Games; Nash equilibrium; Supply chains;
fLanguage
English
Publisher
ieee
Conference_Titel
Management and Service Science (MASS), 2010 International Conference on
Conference_Location
Wuhan
Print_ISBN
978-1-4244-5325-2
Electronic_ISBN
978-1-4244-5326-9
Type
conf
DOI
10.1109/ICMSS.2010.5577458
Filename
5577458
Link To Document