Abstract:This paper presents an economic model to the problem of Supply Chain Management in Trading Agent Competition (TAC SCM). The TAC SCM marketplace is characterized by the combination of quantity competition and price competition between manufacturers(agents). We specify the quantity competition by a variation of Cournot model and view the price competition as an extension of Bertrand game. An approach of smooth-regression is introduced to copy withthe non-linear fluctuation of product price by using linear price … Show more
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