In this paper, we develop a global supply chain network model in which both physical and electronic transactions are allowed and in which supply-side risk as well as demand-side risk are included in the formulation. The model consists of three tiers of decision-makers: the manufacturers, the...

In this paper, we develop static and dynamic models of global supply chains as networks with three tiers of decision-makers: manufacturers, retailers, and consumers associated with the demand markets, who compete within a tier but cooperate between tiers. The decision-makers may be based in the...