Coordination in vendor-buyer inventory systems: on price discounts, Stackelberg game and joint optimisation

• Main Author: Viswanathan, S.
• Other Authors: Nanyang Business School
• Format: Article
• Language: English
• Published: 2013
• Subjects: Business
• Online Access: https://hdl.handle.net/10356/100752; http://hdl.handle.net/10220/18140
• Institution: Nanyang Technological University

We consider a version of the Stackelberg game that is used to model discount pricing decisions in vendor-buyer supply chains. The game consists of a leader who is selling a product to one (or more) follower(s) who in turn sell it to the ultimate consumers. We define conditional strategy for the lead...