Title :
Notice of Retraction
The decision making of supplier with insufficient capital
Author_Institution :
Dept. of Math., Dezhou Univ., Dezhou, China
Abstract :
Notice of Retraction
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
Facing solely demand uncertainty of market, a supplier with insufficient capital doesn´t like to enter the market because of risk of the market. The supplier looks forward to choosing a retailer with sufficient capital as his partner to share the risk of market. Based on dynamic game, we demonstrate that both the supplier and the retailer´s expected profit are positive when reaching Nash equilibrium. Under this condition, they are apt to enter market. Therefore, this paper shows that the decision of the supplier is reasonable.
Keywords :
decision making; game theory; risk analysis; supply and demand; Nash equilibrium; dynamic game; market demand uncertainty; market risk; suppliers decision making; Context modeling; Decision making; Forward contracts; Game theory; Mathematics; Nash equilibrium; Production; Standards development; Supply chains; Uncertainty; KKT condition; decision making; game theory; supplier;
Conference_Titel :
Advanced Computer Control (ICACC), 2010 2nd International Conference on
Conference_Location :
Shenyang
Print_ISBN :
978-1-4244-5845-5
DOI :
10.1109/ICACC.2010.5486791
