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How to share partial information with competitive manufacturers
Author(s) -
Huimin Zhang,
Jing Zhao,
Fujun Hou
Publication year - 2022
Publication title -
journal of industrial and management optimization
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.325
H-Index - 32
eISSN - 1553-166X
pISSN - 1547-5816
DOI - 10.3934/jimo.2022010
Subject(s) - competition (biology) , information sharing , business , supply chain , industrial organization , microeconomics , market share , computer science , marketing , economics , ecology , world wide web , biology
This paper investigates the partial information sharing of a supply chain including one retailer and two competitive manufacturers. The retailer has information about the uncertain market demand, and can share partial information with neither, one, or both of the manufacturers. We formulate three pricing decision models, and explore how some parameters (e.g., the amount of shared information, competition intensity, etc.) affect pricing and profits. Moreover, we give the sufficient conditions that each member benefits from the retailer's partial information sharing.

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