Competition and Cooperation in a Two-Stage Supply Chain with Demand Forecasts

doi:doi:10.1287/opre.1100.0809

dc.contributor.author	Zipkin, Paul	en_US
dc.date.accessioned	2011-06-21T17:31:02Z
dc.date.available	2011-06-21T17:31:02Z
dc.date.issued	2010	en_US
dc.identifier.citation	Iida,Tetsuo;Zipkin,Paul. 2010. Competition and Cooperation in a Two-Stage Supply Chain with Demand Forecasts. Operations research 58(5): 1350-1363.	en_US
dc.identifier.issn	0030-364X	en_US
dc.identifier.uri	http://hdl.handle.net/10161/4436
dc.description.abstract	We consider a serial supply chain with one supplier and one retailer. Each obtains some demand forecast information, which may be shared or not. We investigate the members' benefits from sharing information. The forecasts follow a variant of the Martingale model of forecast evolution (MMFE). We construct a simple transfer-payment scheme to align the players' incentives with that of the overall system. The main finding is that, unless the players' incentives are aligned in this way, sharing information makes little sense. It might hurt one or the other player and the system as a whole.	en_US
dc.language.iso	en_US	en_US
dc.publisher	INFORMS	en_US
dc.relation.isversionof	doi:10.1287/opre.1100.0809	en_US
dc.subject	approximate solutions	en_US
dc.subject	inventory policies	en_US
dc.subject	assembly system	en_US
dc.subject	information	en_US
dc.subject	evolution	en_US
dc.subject	benefits	en_US
dc.subject	bounds	en_US
dc.subject	model	en_US
dc.subject	management	en_US
dc.subject	operations research & management science	en_US
dc.title	Competition and Cooperation in a Two-Stage Supply Chain with Demand Forecasts	en_US
dc.title.alternative		en_US
dc.description.version	Version of Record	en_US
duke.date.pubdate	2010-10-sep	en_US
duke.description.endpage	1363	en_US
duke.description.issue	5	en_US
duke.description.startpage	1350	en_US
duke.description.volume	58	en_US
dc.relation.journal	Operations research	en_US