Title : 
A supply chain network oligopoly model with random demands
         
        
            Author : 
Shengzhen Dongye ; XinChuan Wang ; Zhengyu Duan
         
        
            Author_Institution : 
Dept. of Manage. Sci. & Eng., QingDao Univ., Qingdao, China
         
        
        
        
        
        
            Abstract : 
In this paper, we develop a model of supply chain network under oligopolistic competition, where the demands associated with the demand markers are random. The supply chain network is consisted of oligopolistic firms that compete non-cooperatively, and all the firms try to determine their product flows to maximize their profits. The Nash-Cournot equilibrium conditions are solved by using variational inequality. Finally, we illustrate the efficiency of the model by two numerical examples, for which the equilibrium prices and product shipments are computed.
         
        
            Keywords : 
game theory; network theory (graphs); oligopoly; pricing; supply chains; Nash-Cournot equilibrium conditions; demand markers; equilibrium prices; oligopolistic competition; oligopolistic firms; product shipments; random demands; supply chain network oligopoly model; variational inequality; Convergence; Electronic mail; Legislation; Numerical models; Oligopoly; Supply chains; Nash-Cournot equilibrium; random demands; supply chain network;
         
        
        
        
            Conference_Titel : 
Control and Decision Conference (CCDC), 2015 27th Chinese
         
        
            Conference_Location : 
Qingdao
         
        
            Print_ISBN : 
978-1-4799-7016-2
         
        
        
            DOI : 
10.1109/CCDC.2015.7162607