Retailer's credit preference under perfect competition Based on the Stackelberg model

نویسندگان

چکیده

Trade credit is provided by suppliers to meet the purchase needs of retailers, playing a more and important role in trade. In this paper, effects preferential on retailers' business decisions are investigated under capital constraints perfectly competitive market. game model, loan competition conditions considered when banks manufacturers offer capital-constrained retailers. proposed different lines discount rates mainly related exogenous collateral retailers risk appetite manufacturers. The bank financing trade retailer's inventory decision also discussed circumstances whether amount exceeds limit. equilibrium wholesale price optimal order quantity deduced. Moreover, rate, institutional preference quality two obtained. These results reveal that factors affecting decision-making situations.

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ژورنال

عنوان ژورنال: BCP business & management

سال: 2022

ISSN: ['2692-6156']

DOI: https://doi.org/10.54691/bcpbm.v26i.2065