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We consider a supply channel composed of one manufacturer and two retailers. Three cases are studied. The non-cooperative one is a leader-follower relationship. The manufacturer determines his spending in national advertising and the whole sale price. Then, the retailers determine...
Persistent link: https://www.econbiz.de/10009372516
and invest in advertising (at local level). By means of game theory, we discuss three different relationships between the …
Persistent link: https://www.econbiz.de/10011201778
Game theory is a relevant and powerful tool for analyzing strategic interactions in a supply chain in which the …
Persistent link: https://www.econbiz.de/10011201796