Research on Inventory Strategy of Duopolies in the presence of Strategic Consumers

摘要：

With the development of information, consumers are getting smarter. They are able to find the best time to buy. At the same time, it is difficult for a firm to realize monopoly because of the growth of modern manufacturing technology. The majority of the realistic world is in a state between pure monopoly and pure competition, that is oligopoly. This paper focuses on Duopolies inventory strategy and their maximum profits when faced strategic consumers. Through the integrated application of game theory and inventory theory, we establish a two-period inventory game model. We obtain the optimal stocking quantities, and the threshold condition that Duopolies should adopt the restricted stocking strategy.

关键词： strategic consumers oligopoly inventory strategy

作者: Ruiwen Liu Jingming Pan

作者单位: Department of Management Science and E-commerce University of Electronic Science and Technology of China Chengdu, Sichuan Province, 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: 105-108

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）