Joint Bank Financing and Open Account Financing:Optimal Decisions and Comparison

摘要：

This paper studies the performance of joint bank financing and open account financing in a supply chain made up of a supplier and a retailer which is faced with capital constraint After establishing a newsvendor model and a Stackelberg game model, we can derive the final wealth and optimal decision of each party and further compare these two schemes. The result indicates that when the bank is in a perfectly competitive market, these two schemes will generate the same final wealth to the retailer and the supplier; but in an imperfect competitive market, which scheme is better depends on whether the interest rate that the bank sets is low enough.

关键词： Supply Chain Management Supply Chain Financing Newsvendor Capital Constraint

作者: Shijia Li Jinyu Zhang

作者单位: Department of Management Science School of Management, Fudan University Shanghai, China

会议类型: 国际会议

会议名称: 2011 International Conference on Economic and Information Management(2011年经济与信息管理国际会议 ICEIM 2011)

会议地点: 北京

会议语种:英文

页码: 133-136

在线出版日期: 2011-09-03（万方平台首次上网日期，不代表论文的发表时间）