Title :
Impact of Game Type on Supply Chain Performance
Author :
Kai-jun, LIU ; Zi-gang, ZHANG
Author_Institution :
Huazhong Univ. of Sci. & Technol., Huazhong
Abstract :
This paper analyzes the impacts of asymmetric-information game and stochastic- information game on supply chain performance. A two-stage supply chain consisting of a manufacturer and a retailer is considered and four types of games are compared: symmetric-deterministic game, symmetric-stochastic game, asymmetric-deterministic game and asymmetric-stochastic game. This paper shows that information uncertainty affects the supply chain by changing the retailer´s equilibrium, whereas information asymmetry affects the supply chain by changing the manufacturer´s equilibrium. And in the practical supply chain, information uncertainty is likely to undermine supply chain performance greater than information asymmetry. Numerical simulations show that an asymmetric-stochastic game is not equivalent to an asymmetric game plus a stochastic game. Under certain conditions, the impacts of information asymmetry and information uncertainly will interact, which will result in greater impact on supply chain performance.
Keywords :
information management; retailing; stochastic games; supply chain management; asymmetric-deterministic game; asymmetric-information game; asymmetric-stochastic game; game type; information asymmetry; information uncertainly; retailer; stochastic-information game; supply chain performance; symmetric-deterministic game; symmetric-stochastic game; Conference management; Costs; Engineering management; Information analysis; Manufacturing; Production; Supply chain management; Supply chains; Technology management; Uncertainty; Game type; Information asymmetry; Information uncertainty; Supply chain management;
Conference_Titel :
Management Science and Engineering, 2007. ICMSE 2007. International Conference on
Conference_Location :
Harbin
Print_ISBN :
978-7-88358-080-5
Electronic_ISBN :
978-7-88358-080-5
DOI :
10.1109/ICMSE.2007.4421918