Supply chain disruption management and evolutionarily stable strategies of retailers in the quantity-setting duopoly situation with homogeneous goods

Xiao, Tiaojun; Yu, Gang

doi:10.1016/j.ejor.2005.02.076

Cited by 164 publications

(67 citation statements)

References 26 publications

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“…The linear inverse price function is selected here for the following reasons. Firstly, the linear form of demand function has been broadly used in game-theoretic research in the manufacture supply chain (Carr and Karmarkar 2005;Xiao and Yu 2006), as well as in tourism and hospitality literatures (Zheng 1997;Wie 2005), mainly for its analytical simplicity. Secondly, the relationship between price and quantity demand in most of the tourism literatures has been identified to be log linear (exponential) Witt 2000, 2006;Garín-Munoz 2006).…”

Section: Methodsmentioning

confidence: 99%

Game-Theoretic Approach to Competition Dynamics in Tourism Supply Chains

Yang

Huang

Song

et al. 2008

Journal of Travel Research

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This article considers two tourism supply chains (TSCs). Each TSC is assumed to consist of three sectors with the following service providers -a theme park operator, accommodation providers, and tour operators. Game theory is used to investigate the cooperation and competition between these two TSCs, between the three sectors within each TSC and between the enterprises within each sector when configuring and marketing package holidays. Two research questions are of particular interest: (1) How do the tour operators and accommodation providers determine the optimal number of tourists they served, and how does the theme park optimize its admission prices? (2) How do the factors like supply chain membership, supply chain preference and strategic integration affect supply chain members' decisions, as well as their performances? Several important findings are obtained. First, a larger membership in each of the TSC sectors strengthens the sector's overall capacity and intensifies the internal competition, thus reducing members' profits while other sectors benefit from this internal competition.Second, decision-makers of the two competing TSCs should adopt appropriate product differentiation strategies by carefully positioning their package holiday products in order to optimize their performance. Third, the theme park would benefit from integration with the accommodation provider. There exists a win-win situation in which the performances of both TSCs could be improved, if the integration adequately increases the TSCs' preference.Competition Dynamics of Tourism Supply Chains 3

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Section: Methodsmentioning

confidence: 99%

Game-Theoretic Approach to Competition Dynamics in Tourism Supply Chains

Yang

Huang

Song

et al. 2008

Journal of Travel Research

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“…It generally depends on the speed at which the players learn and imitate. Based on the research of Friedman [43] and Xiao and Yu [44], the growth rate of a strategy selected by the suppliers should be equal to its expected payoff minus the average expected payoff. Therefore, the replicator dynamic …”

Section: Model Establishment and Solutionmentioning

confidence: 99%

Cooperative Evolutionary Game and Applications in Construction Supplier Tendency

Shi

Zhu

2018

Complexity

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Major construction projects have a great influence on the national economy and society, wherein cooperative relationship between construction suppliers plays an increasingly significant role in the overall supply chain system. However, the relationships between suppliers are noncontractual, multistage, dynamic, and complicated. To gain a deeper insight into the suppliers' cooperative relationships, an evolutionary game model is developed to explore the cooperation tendency of multisuppliers. A replicator dynamic system is further formulated to investigate the evolutionary stable strategies of multisuppliers. Then, fourteen "when-then" type scenarios are concluded and classified into six different evolutionary tracks. Meanwhile, the critical influencing factors are identified. The results show that the suppliers' production capacity, owner-supplier contract, and the owner's incentive mechanism influence the cooperation tendency of suppliers directly. The managerial implications contribute to insightful references for a more stable cooperative relationship between the owner and suppliers.

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“…When disruptions occur, suppliers and firms must adjust their plans, and disruption management explores the optimal way to manage disruptions with the understanding that a firm's objective function may change as a result of the disruption (Xia et al 2004). Supply chain disruption studies include production difficulties or operational risks (Xia et al 2004), sudden drops in demand (Xiao et al 2005), supply shortages (Xiao and Yu 2006), and cost fluctuations that impact wholesale prices (Xiao and Qi 2008). Rescheduling production (Bean et al 1991, Adhyitya et al 2007), moving production to other machines (Lee et al 2006), transporting goods by alternate modes if one mode fails (MacKenzie et al 2012a), and purchasing supplies from a backup supplier (Hopp and Spearman 2008) are examples of disruption management strategies.…”

Section: Literature Reviewmentioning

confidence: 99%

Modeling a severe supply chain disruption and post-disaster decision making with application to the Japanese earthquake and tsunami

MacKenzie¹,

Barker

Santos

2014

IIE Transactions

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Modern supply chains are increasingly vulnerable to disruptions, and a disruption in one part of the world can cause supply difficulties for companies around the globe. This paper develops a model of severe supply chain disruptions in which several suppliers suffer from disabled production facilities and firms that purchase goods from those suppliers may consequently suffer a supply shortage. Suppliers and firms can choose disruption management strategies to maintain operations. A supplier with a disabled facility may choose to move production to an alternate facility, and a firm encountering a supply shortage may be able to use inventory or buy supplies from an alternate supplier. The supplier's and firm's optimal decisions are expressed in terms of model parameters such as the cost of each strategy, the chances of losing business, and the probability of facilities reopening. The model is applied to a simulation based on the 2011 Japanese earthquake and tsunami, which closed several facilities of key suppliers in the automobile industry and caused supply difficulties for both Japanese and U.S. automakers.

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Supply chain disruption management and evolutionarily stable strategies of retailers in the quantity-setting duopoly situation with homogeneous goods

Cited by 164 publications

References 26 publications

Game-Theoretic Approach to Competition Dynamics in Tourism Supply Chains

Game-Theoretic Approach to Competition Dynamics in Tourism Supply Chains

Cooperative Evolutionary Game and Applications in Construction Supplier Tendency

Modeling a severe supply chain disruption and post-disaster decision making with application to the Japanese earthquake and tsunami

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