Competitive newsvendor problems with the same Nash and Stackelberg solutions

Serin Y. Y.

OPERATIONS RESEARCH LETTERS, cilt.35, sa.1, ss.83-94, 2007 (SCI-Expanded) identifier identifier

  • Yayın Türü: Makale / Tam Makale
  • Cilt numarası: 35 Sayı: 1
  • Basım Tarihi: 2007
  • Doi Numarası: 10.1016/j.orl.2006.01.002
  • Dergi Adı: OPERATIONS RESEARCH LETTERS
  • Derginin Tarandığı İndeksler: Science Citation Index Expanded (SCI-EXPANDED), Scopus
  • Sayfa Sayıları: ss.83-94
  • Anahtar Kelimeler: competitive newsvendor problem, Nash equilibrium, Stackelberg game
  • Orta Doğu Teknik Üniversitesi Adresli: Evet

Özet

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.