Decisions on dual-channel supply chains under market fluctuations and dual-risk aversion
type: Item
instance of: scholarly article
title: Decisions on dual-channel supply chains under market fluctuations and dual-risk aversion
zbMATH Open document ID: 1444.90016
DOI: 10.1155/2020/2612357
author: Tianjian Yang
author: Yao Wei
author: Xuemei Zhang
author: Guang-Dong Liu
published in: Discrete Dynamics in Nature and Society
publication date: 2020-07-21T00:00:00Z
review text: Summary: Considering market fluctuations and risk aversion, this paper analyzes the decisions of a dual-channel supply chain consisting of one manufacturer and one retailer and compares the differences in the centralized structure, manufacturer-dominated structure, retailer-dominated structure, and Nash equilibrium structure. This paper also analyzes the impacts of market fluctuations and risk aversion on supply chain profits. The results show that the direct selling price is not influenced by market fluctuations and risk aversion under the retailer's risk aversion, and the manufacturer-dominated structure and the retail price, direct selling price, and wholesale price in other power structures are negatively correlated with market fluctuations and risk aversion, but the order quantity in the four power structures is positively correlated with market fluctuations and risk aversion, and the profits of supply chain are impacted differently by the market fluctuations and risk aversion.
Mathematics Subject Classification ID: 90B05
Mathematics Subject Classification ID: 91B24
zbMATH DE Number: 7223630
MaRDI profile type: Publication
full work available at URL: https://doi.org/10.1155/2020/2612357
OpenAlex ID: W3004030774
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description: scientific article; zbMATH DE number 7223630