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

fYear

2012

fDate

12-14 July 2012

Firstpage

74

Lastpage

78

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;

fLanguage

English

Publisher

ieee

Conference_Titel

Computational Intelligence and Cybernetics (CyberneticsCom), 2012 IEEE International Conference on

Conference_Location

Bali

Print_ISBN

978-1-4673-0891-5

Type

conf

DOI

10.1109/CyberneticsCom.2012.6381620

Filename

6381620