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- Publisher Website: 10.1002/nav.21713
- Scopus: eid_2-s2.0-84995519522
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Article: On efficiency of multistage channel with bargaining over wholesale prices
| Title | On efficiency of multistage channel with bargaining over wholesale prices |
|---|---|
| Authors | |
| Keywords | multistage channel bargaining wholesale price channel efficiency |
| Issue Date | 2016 |
| Citation | Naval Research Logistics, 2016, v. 63, n. 6, p. 449-459 How to Cite? |
| Abstract | © 2016 Wiley Periodicals, Inc. This article considers a multistage channel with deterministic price-sensitive demand. Two systems for pricing decisions, that is, the bargaining system and the leader-follower system, are compared. We characterize the necessary and sufficient conditions on the power structure, under which the solution of the bargaining system Pareto dominates that of the leader-follower system. Also, under such conditions, we give a tight upper bound of channel efficiency of the bargaining system, which converges to 100% channel efficiency as the number of stages increases to infinity. © 2016 Wiley Periodicals, Inc. Naval Research Logistics 63: 449–459, 2016. |
| Persistent Identifier | http://hdl.handle.net/10722/296005 |
| ISSN | 2023 Impact Factor: 1.9 2023 SCImago Journal Rankings: 1.260 |
| ISI Accession Number ID |
| DC Field | Value | Language |
|---|---|---|
| dc.contributor.author | Zhong, Feimin | - |
| dc.contributor.author | Xie, Jinxing | - |
| dc.contributor.author | Zhao, Xiaobo | - |
| dc.contributor.author | Shen, Zuo Jun Max | - |
| dc.date.accessioned | 2021-02-11T04:52:38Z | - |
| dc.date.available | 2021-02-11T04:52:38Z | - |
| dc.date.issued | 2016 | - |
| dc.identifier.citation | Naval Research Logistics, 2016, v. 63, n. 6, p. 449-459 | - |
| dc.identifier.issn | 0894-069X | - |
| dc.identifier.uri | http://hdl.handle.net/10722/296005 | - |
| dc.description.abstract | © 2016 Wiley Periodicals, Inc. This article considers a multistage channel with deterministic price-sensitive demand. Two systems for pricing decisions, that is, the bargaining system and the leader-follower system, are compared. We characterize the necessary and sufficient conditions on the power structure, under which the solution of the bargaining system Pareto dominates that of the leader-follower system. Also, under such conditions, we give a tight upper bound of channel efficiency of the bargaining system, which converges to 100% channel efficiency as the number of stages increases to infinity. © 2016 Wiley Periodicals, Inc. Naval Research Logistics 63: 449–459, 2016. | - |
| dc.language | eng | - |
| dc.relation.ispartof | Naval Research Logistics | - |
| dc.subject | multistage channel | - |
| dc.subject | bargaining | - |
| dc.subject | wholesale price | - |
| dc.subject | channel efficiency | - |
| dc.title | On efficiency of multistage channel with bargaining over wholesale prices | - |
| dc.type | Article | - |
| dc.description.nature | link_to_subscribed_fulltext | - |
| dc.identifier.doi | 10.1002/nav.21713 | - |
| dc.identifier.scopus | eid_2-s2.0-84995519522 | - |
| dc.identifier.volume | 63 | - |
| dc.identifier.issue | 6 | - |
| dc.identifier.spage | 449 | - |
| dc.identifier.epage | 459 | - |
| dc.identifier.eissn | 1520-6750 | - |
| dc.identifier.isi | WOS:000388279200002 | - |
| dc.identifier.issnl | 0894-069X | - |