Dynamic Oligopolistic Competition with Uncertainty and Supply Disruption Effects

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Dynamic Oligopolistic Competition with Uncertainty and Supply Disruption Effects. / Парилина, Елена Михайловна; Wrzaczek, Stefan; Zaccour, Georges.

в: International Game Theory Review, Том 26, № 2, 2440009, 01.06.2024.

Результаты исследований: Научные публикации в периодических изданиях › статья › Рецензирование

BibTeX

@article{6581720588334f66867c3e13758e19d1,

title = "Dynamic Oligopolistic Competition with Uncertainty and Supply Disruption Effects",

abstract = "We consider a finite-horizon discrete-time dynamic model of oligopolistic competition, with uncertain supply. The firms (retailers) make their decisions on quantities (sales) and orders of goods from a nonstrategic manufacturer taking into account uncertainty in demand parameters and available supply capacity. The retailers need to satisfy the joint available supply capacity constraint. The model is described as a game played over an event tree with given transition probabilities. We find a normalized equilibrium for the game with coupling constraints. The two-step procedure to find this equilibrium is described. We provide the necessary conditions of the equilibrium and examine different scenarios of uncertainties in the model by numerical simulations.",

keywords = "Disruption in supply, Rosen equilibrium, dynamic games played over event trees, retail competition",

author = "Парилина, {Елена Михайловна} and Stefan Wrzaczek and Georges Zaccour",

year = "2024",

month = jun,

day = "1",

doi = "10.1142/s0219198924400097",

language = "English",

volume = "26",

journal = "International Game Theory Review",

issn = "0219-1989",

publisher = "WORLD SCIENTIFIC PUBL CO PTE LTD",

number = "2",

}

RIS

TY - JOUR

T1 - Dynamic Oligopolistic Competition with Uncertainty and Supply Disruption Effects

AU - Парилина, Елена Михайловна

AU - Wrzaczek, Stefan

AU - Zaccour, Georges

PY - 2024/6/1

Y1 - 2024/6/1

N2 - We consider a finite-horizon discrete-time dynamic model of oligopolistic competition, with uncertain supply. The firms (retailers) make their decisions on quantities (sales) and orders of goods from a nonstrategic manufacturer taking into account uncertainty in demand parameters and available supply capacity. The retailers need to satisfy the joint available supply capacity constraint. The model is described as a game played over an event tree with given transition probabilities. We find a normalized equilibrium for the game with coupling constraints. The two-step procedure to find this equilibrium is described. We provide the necessary conditions of the equilibrium and examine different scenarios of uncertainties in the model by numerical simulations.

AB - We consider a finite-horizon discrete-time dynamic model of oligopolistic competition, with uncertain supply. The firms (retailers) make their decisions on quantities (sales) and orders of goods from a nonstrategic manufacturer taking into account uncertainty in demand parameters and available supply capacity. The retailers need to satisfy the joint available supply capacity constraint. The model is described as a game played over an event tree with given transition probabilities. We find a normalized equilibrium for the game with coupling constraints. The two-step procedure to find this equilibrium is described. We provide the necessary conditions of the equilibrium and examine different scenarios of uncertainties in the model by numerical simulations.

KW - Disruption in supply

KW - Rosen equilibrium

KW - dynamic games played over event trees

KW - retail competition

UR - https://www.worldscientific.com/doi/10.1142/S0219198924400097

UR - https://www.mendeley.com/catalogue/501673b8-0f3d-3b3b-a0ce-debd690342af/

U2 - 10.1142/s0219198924400097

DO - 10.1142/s0219198924400097

M3 - Article

VL - 26

JO - International Game Theory Review

JF - International Game Theory Review

SN - 0219-1989

IS - 2

M1 - 2440009

ER -

ID: 117851482

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