Coordination of Supply Chain with One Supplier and Two Competing Risk-Averse Retailers under an Option Contract

This paper studies an option contract for coordinating a supply chain comprising one risk-neutral supplier and two risk-averse retailers engaged in promotion competition in the selling season. For a given option contract, in decentralized case, each risk-averse retailer decides the optimal order qua...

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Bibliographic Details
Main Authors: Rui Wang, Shiji Song, Cheng Wu
Format: Article
Language:English
Published: Hindawi Limited 2016-01-01
Series:Mathematical Problems in Engineering
Online Access:http://dx.doi.org/10.1155/2016/1970615

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