Journal
NONLINEAR DYNAMICS
Volume 83, Issue 3, Pages 1379-1393Publisher
SPRINGER
DOI: 10.1007/s11071-015-2410-9
Keywords
Dual-channel supply chain; Asymmetric and symmetric channel power; Bifurcation; Basin of attraction; Noninvertible endomorphism
Categories
Funding
- National Natural Science Foundation of China [71571131, 61273231]
- Ministry of Education of China [20130032110073]
Ask authors/readers for more resources
In this paper, a dual-channel supply chain composed of one manufacturer and one retailer is discussed. The manufacturer sells its products to its customers, becoming the rival of the retailers. In this case, we consider two scenarios in which the manufacturer holds either asymmetric or symmetric channel power as the retailer. According to the changing demand, we develop the dynamic game models for the two scenarios and analyze the models' dynamic behavior. The corporations' profits and system stability are compared under these two scenarios. We find that the manufacturer's profit is greater with asymmetric channel power than that with symmetric channel power. For the retailer, it will get more profit if it holds a symmetric channel power compared with the manufacturer. The supply chain profit will increase as the internal competition increases. Besides, the system stability will be easier to maintain with asymmetric channel power and the market will be much easier to fall into chaos with symmetric channel power.
Authors
I am an author on this paper
Click your name to claim this paper and add it to your profile.
Reviews
Recommended
No Data Available