Stackelberg Game-Theoretic Approach in Joint Pricing and Assortment Optimizing for Small-Scale Online Retailers: Seller-Buyer Supply Chain Case

被引:0
作者
Saberi, Zahra [1 ]
Hussain, Omar [1 ]
Saberi, Morteza [1 ]
Chang, Elizabeth [1 ]
机构
[1] UNSW, Sch Business, Canberra, ACT, Australia
来源
PROCEEDINGS 2018 IEEE 32ND INTERNATIONAL CONFERENCE ON ADVANCED INFORMATION NETWORKING AND APPLICATIONS (AINA) | 2018年
关键词
Assortment Planning Problem; small-scale online retailers; supply chain; Stackelberg game-theoretic approach; OPTIMIZATION;
D O I
10.1109/AINA.2018.00123
中图分类号
TP3 [计算技术、计算机技术];
学科分类号
0812 ;
摘要
Assortment planning is one of the fundamental and complex decisions for online retailers. The complexity of this problem is increasing while considering demand and supply uncertainties in assortment planning (AP). However, this leads to more efficient results in today's uncertain markets. In this paper, the supplier and E-tailer interactions are modeled by the noncooperative game theory model. As small-scale online retailers opposed to bricks and mortar usually have lower power in front of suppliers, we propose a Stackelberg or leader-follower game model. First, the supplier as a leader announces its decisions regarding selling price to the E-tailer. Consequently, the E-tailer reacts by determining the purchase quantity, selling price to the customers and assortment size. Various scenarios are presented and analyzed to show the effectiveness of the Stackelberg game model in simulating the interactions between small-scale online retailers and a powerful supplier.
引用
收藏
页码:834 / 838
页数:5
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