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11848 Cooperation and profit allocation in distribution chains
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Guardiola, L.A. and Meca, A. and Timmer, J.B. (2007) Cooperation and profit allocation in distribution chains. Decision Support Systems, 44 (1). pp. 17-27. ISSN 0167-9236 *** ISI Impact 2,135 ***

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Official URL: http://dx.doi.org/10.1016/j.dss.2006.12.015

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Abstract

We study the coordination of actions and the allocation of profit in supply chains under decentralized control in which a single supplier supplies several retailers with goods for replenishment of stocks. The goal of the supplier and the retailers is to maximize their individual profits. Since the outcome under decentralized control is inefficient, cooperation among firms by means of
coordination of actions may improve the individual profits. Cooperation is studied by means of cooperative game theory. Among others we show that the corresponding games are balanced and we propose a stable solution concept for these games.

Item Type:Article
Research Group:EWI-SOR: Stochastic Operations Research
Research Program:CTIT-IE&ICT: Industrial Engineering and ICT
ID Code:11848
Status:Published
Deposited On:22 January 2008
Refereed:Yes
International:Yes
ISI Impact Factor:2,135
More Information:statisticsmetis

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