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Evolutionary Dynamics of Manufacturer-Buyer Supply Chains under Different Coordination Strategies

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Abstract:

This paper studies the dynamics of strategic interaction of a manufacturer-buyer supply chain under different inventory coordination strategies. This interaction is modeled as a game in which each actor decides whether or not to negotiate with the other. Depending on the actor that dominates the chain and the decisions made by each one, a series of optimization models are proposed which seek to maximize the profit of each agent. By using a scheme based on evolutionary game theory called the replicator dynamics, the methodology used allows us to characterize the degree of stability of each stationary state.

Tópico:

Evolutionary Game Theory and Cooperation

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SCImago Journal & Country Rank
FuenteIFAC-PapersOnLine
Cuartil año de publicaciónNo disponible
Volumen52
Issue13
Páginas998 - 1003
pISSNNo disponible
ISSN2405-8971

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