The complexity analysis in dual-channel supply chain based on fairness concern and different business objectives
type: Item
instance of: scholarly article
title: The complexity analysis in dual-channel supply chain based on fairness concern and different business objectives
zbMATH Open document ID: 1390.90030
DOI: 10.1155/2018/4752765
author: Qiu-xiang Li
author: Yi-min Huang
author: Yu-Hao Zhang
published in: Complexity
publication date: 2018-07-06T00:00:00Z
review text: Summary: We study a dual-channel supply chain which consists of one dual-channel manufacturer and one traditional retailer considering fairness concern. The manufacturer takes the market share as one of its business objectives in the competition game. We are devoted to establishing a vertical Nash game model and analyzing the price evolution of the model via the method of complexity theory and take adaptive adjustment control method to control the system's chaotic state. The results show that an excessive price adjustment speed will hurt the system's stability as well as profit of the supply chain. A high level fair caring for retailer will push the system to fall into chaos earlier, while a higher level fair caring for manufacturer will enlarge the stability region of the system. Setting the different objectives by the manufacturer will cause drastic competition in dual-channel supply chain. The research of this paper is of great significance to the decision-makers' price decision and supply chain operation management.
Mathematics Subject Classification ID: 90B05
Mathematics Subject Classification ID: 91A10
Mathematics Subject Classification ID: 91B24
zbMATH DE Number: 6899115
zbMATH Keywords: dual-channel supply chain
zbMATH Keywords: dual-channel manufacturer and one traditional retailer
zbMATH Keywords: Nash game model
zbMATH Keywords: adaptive adjustment control method
zbMATH Keywords: chaotic state
zbMATH Keywords: system's stability
MaRDI profile type: Publication
full work available at URL: https://doi.org/10.1155/2018/4752765
OpenAlex ID: W2803283015
cites work: The comparison and complex analysis on dual-channel supply chain under different channel power structures and uncertain demand
cites work: Pricing decisions of a dual-channel closed-loop supply chain under uncertain demand of indirect channel
cites work: Introduction of a second channel: Implications for pricing and profits
cites work: Complexity analysis of dual-channel game model with different managers' business objectives
cites work: Research on the complex features about a dual-channel supply chain with a fair caring retailer
cites work: Dual-channel supply chain equilibrium problems regarding retail services and fairness concerns
cites work: Exotic phenomena in games and duopoly models
cites work: Multistability and cyclic attractors in duopoly games
cites work: Complexity analysis of dynamic noncooperative game models for closed-loop supply chain with product recovery
cites work: Research on price Stackelberg game model with probabilistic selling based on complex system theory
cites work: The dynamic decision in risk-averse complementary product manufacturers with corporate social responsibility
cites work: Controlling fractional order chaotic systems based on Takagi-Sugeno fuzzy model and adaptive adjustment mechanism
cites work: Complexity uncertainty analysis of dynamic in a dual-channel energy supply chain model with heterogeneous retailers
cites work: Neimark-Sacker bifurcation analysis and complex nonlinear dynamics in a heterogeneous quadropoly game with an isoelastic demand function
cites work: Nonlinear dynamics of discrete time multi-level leader-follower games
cites work: Price game and chaos control among three oligarchs with different rationalities in property insurance market
description: scientific article; zbMATH DE number 6899115