OPERATIONS RESEARCH LETTERS, vol.35, no.1, pp.83-94, 2007 (SCI-Expanded)
Article / Article
OPERATIONS RESEARCH LETTERS
Science Citation Index Expanded (SCI-EXPANDED), Scopus
competitive newsvendor problem, Nash equilibrium, Stackelberg game
Middle East Technical University Affiliated:
Consider two newsvendors: (i) they compete satisfying substitutable demands searching Nash equilibrium or (ii) one is the leader deciding first, the other responds optimally playing a Stackelberg game. The leader profits more than she does in (i). We present conditions under which the leader's profit does not improve from (i) to (ii). (c) 2006 Elsevier B.V. All rights reserved.