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This article investigates downstream firms' ability to collude in a repeated game of competition between supply chains. We show that downstream firms with buyer power can collude more easily in the output market if they also collude on their input supply contracts. More specifically, an implicit...
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Nowadays, the rapid growth of the online market poses great challenges for the brick-and-mortar (BM) retailers. In response to this threat, BM retailers exert various service efforts to promote sales in the offline market. This service effort, maybe unintentionally, also increases sales in the...
Persistent link: https://www.econbiz.de/10012837027
The paper investigates newsvendor problem for a dyadic supply chain in which both the supplier and the retailer are concerned with fairness. Nash bargaining solution is introduced as the fairness reference point and equilibrium results are derived. The effects of fairness concerns on optimal...
Persistent link: https://www.econbiz.de/10012938605
This paper discusses a case that a supply chain consisting of a manufacturer (M) and an e-tailer (Y) at the initial stage. There is a new e-tailer (Y) who enters the market with some probability. Both e-tailers have two selling modes to choose from, i.e., the agency selling mode and the...
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