Equilibrium in the Piece-Wise Constant Pricing Full article
| Conference |
12th International Conference on Optimization and Applications 27 Sep - 1 Oct 2021 , Moscow |
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Lecture Notes in Computer Science
ISSN: 0302-9743 , E-ISSN: 1611-3349 |
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| Output data | Year: 2021, Volume: 13078 LNCS, Pages: 288-302 Pages count : 15 DOI: 10.1007/978-3-030-91059-4_21 | ||
| Tags | Equilibrium; Piece-wise constant prices; Retail discount; Retailer; Wholesale discount | ||
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Abstract:
We consider a stylized distribution channel in the structure “manufacturer-retailer-consumer” under the assumption that the wholesales and retail discounts are piece-wise constant. Earlier, we demonstrate the strict concavity of the profit of the manufacturer w.r.t. wholesale discount levels and strict concavity of the profit of retailer w.r.t. retail discount levels. This allows studying the equilibrium. The main result of the paper is: for the case of constant wholesale discount and piece-wise constant retail discount, the Stackelberg equilibrium under the leadership of the manufacturer can be calculated in closed form. © 2021, Springer Nature Switzerland AG.
Cite:
Bykadorov I.
Equilibrium in the Piece-Wise Constant Pricing
Lecture Notes in Computer Science. 2021. V.13078 LNCS. P.288-302. DOI: 10.1007/978-3-030-91059-4_21 Scopus OpenAlex
Equilibrium in the Piece-Wise Constant Pricing
Lecture Notes in Computer Science. 2021. V.13078 LNCS. P.288-302. DOI: 10.1007/978-3-030-91059-4_21 Scopus OpenAlex
Identifiers:
| Scopus: | 2-s2.0-85120077463 |
| OpenAlex: | W3213735850 |
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