This paper is concerned with confidentiality of vertical information sharing in a supply chain consisting of one manufacturer in the upstream and two or more retailers in the downstream engaging in a Bertrand competition. Each retailer has some private information about the uncertain demand and may choose to disclose it to the manufacturer with or with out a confidentiality agreement. We consid...

We consider a supply chain with an upstream supplier who invests in innovation and a downstream manufacturer who sells to consumers. We study the impact of supply chain contracts with endogenous upstream innovation, focusing on three different contract scenarios: (i) a wholesale price contract, (ii) a quality-dependent wholesale price contract, and (iii) a revenuesharing contract. We confirm th...

this paper represents a theoretical model from which the supply function for a durable goods is derived. it turns out that consumer at the equilibrium condition equates its user cost with the marginal value of services received by using an additional unit of durable goods. the stock price is obtained from this condition. in addition, at the equilbrium condition for producer, the stock price is ...

Over the years, competitions have been important catalysts for progress in Artificial Intelligence. We describe one such competition, the Trading Agent Competition for Supply Chain Management (TAC SCM). We discuss its significance in the context of today’s global market economy as well as AI research, the ways in which it breaks away from limiting assumptions made in prior work, and some of the...

New value-adding solutions are needed for grocery supply chains to gain a sustainable competitive advantage in a market environment characterized by increased competition. This paper discusses two case studies that identify how improvements to the value offering brought about enhancements to the performance of the total supply chain. The concept of time benefit analysis is applied to measure th...

Over the years, competitions have been important catalysts for progress in Artificial Intelligence. We describe one such competition, the Trading Agent Competition for Supply Chain Management (TAC SCM). We discuss its significance in the context of today’s global market economy as well as AI research, the ways in which it breaks away from limiting assumptions made in prior work, and some of the...

With the rapid development of electronic products, technology plays an important role in management and production products. In increasingly fierce market competition, excellent technological process is also one bargaining chips for success enterprise, it embodiment level enterprise ability. As a product modern power technology, switching supply represents direction regulated supply, industry p...

Uniform-price auctions of a divisible good in fixed supply admit underpricing equilibria, where bidders submit high inframarginal bids to prevent competition on prices. The seller can obstruct this behavior by tilting her supply schedule and making the amount of divisible good on offer change endogenously with its (uniform) price. Precommitting to an increasing supply curve is a strategic instr...

We consider Cournot models of competition, where market participants choose the quantities they demand or supply. We study the loss of aggregate surplus due to the exercise of market power in Cournot competition, for both oligopsony and oligopoly models. We observe that efficiency loss is generally arbitrarily high in Cournot games, but also prove bounds on efficiency loss in several cases of i...