Title :
Joint decisions for a dual-channel supply chain with general discrete asymmetric information
Author :
Bin Liu ; Rong Zhang ; Shuai Liu ; Xindi Ma
Author_Institution :
Dept. of Manage. Sci., Henan Agric. Univ., Zhengzhou, China
Abstract :
This paper investigates the joint decisions on inventory and pricing for a dual-channel supply chain with the general discrete asymmetric information, where the channel system consists of one traditional channel which is operated by a retailer and one online channel which is operated by a manufacturer. Some interesting insights are found that the joint decision model with the general discrete asymmetric information is the extension of the asymmetric information with two-point distribution form, and he optimal selling price of E-channel determined by the manufacturer when the retailer has the pricing right of traditional channel is higher than that when the manufacturer owns the pricing right of traditional channel.
Keywords :
decision theory; inventory management; pricing; supply chain management; dual-channel supply chain; e-channel; electronic channel; general discrete asymmetric information; inventory decision; joint decision model; online channel system; pricing decision; pricing right; traditional channel system; two-point distribution form; Contracts; Elasticity; Equations; Joints; Pricing; Supply chains; Asymmetric information; Dual-channel; Joint decision; Principle-Agent model;
Conference_Titel :
Computational Intelligence and Cybernetics (CyberneticsCom), 2012 IEEE International Conference on
Conference_Location :
Bali
Print_ISBN :
978-1-4673-0891-5
DOI :
10.1109/CyberneticsCom.2012.6381620
