The Decision Making of Supplier with Insufficient Capital
Facing solely demand uncertainty of market, a supplier with insufficient capital doesnt like to enter the market because of risk of the market The supplier looks forward to choosing a retailer with sufficient capital as his partner to share the risk of market. Based on dynamic game, we demonstrate that both the supplier and the retailers expected profit are positive when reaching Nash equilibrium. Under this condition, they are apt to enter market Therefore, this paper shows that the decision of the supplier is reasonable.
supplier game theory decision making KKT condition
ZhiGuang Zhang
Department of Mathematics,Dezhou University Shandong,china
国际会议
The 2nd IEEE International Conference on Advanced Computer Control(第二届先进计算机控制国际会议 ICACC 2010)
沈阳
英文
644-646
2010-03-27(万方平台首次上网日期,不代表论文的发表时间)