Literature concerning about the supply chain management problem is usually based on perfect rationality. However, risk preferences have been proved to be an important role which influences managers’ decisions significantly. This paper investigates a risk combination problem under supplier encroachment with different risk preferences players. Assuming that the supply chain players may be risk-averse, risk-neutral and risk-taking, we build a Stackelberg game model to explore the optimal decisions and the impact of different risk combinations, respectively. We focus on two scenarios: the consumers perceive uniform quality between the two channels and perceive differentiated quality between the two channels. We find that the retailer always prefers a risk-averse supplier, while the supplier always prefers a risk-taking retailer. But the combination of a risk-averse supplier and a risk-taking retailer is not always beneficial to the whole supply chain. Further, we conduct numerical experiments to explore the risk combinations and the impacts of players’ selfish, aggressive and altruistic behaviors on optimal decisions.
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DOI : 10.1051/ro/2019038
Mots-clés : Supply chain management, supplier encroachment, risk preferences, Stackelberg game
@article{RO_2020__54_4_1057_0, author = {Chen, Ping and Li, Bo and Huang, Huafei}, title = {Decision policies on players{\textquoteright} different risk combination under supplier encroachment}, journal = {RAIRO - Operations Research - Recherche Op\'erationnelle}, pages = {1057--1075}, publisher = {EDP-Sciences}, volume = {54}, number = {4}, year = {2020}, doi = {10.1051/ro/2019038}, mrnumber = {4100700}, language = {en}, url = {http://archive.numdam.org/articles/10.1051/ro/2019038/} }
TY - JOUR AU - Chen, Ping AU - Li, Bo AU - Huang, Huafei TI - Decision policies on players’ different risk combination under supplier encroachment JO - RAIRO - Operations Research - Recherche Opérationnelle PY - 2020 SP - 1057 EP - 1075 VL - 54 IS - 4 PB - EDP-Sciences UR - http://archive.numdam.org/articles/10.1051/ro/2019038/ DO - 10.1051/ro/2019038 LA - en ID - RO_2020__54_4_1057_0 ER -
%0 Journal Article %A Chen, Ping %A Li, Bo %A Huang, Huafei %T Decision policies on players’ different risk combination under supplier encroachment %J RAIRO - Operations Research - Recherche Opérationnelle %D 2020 %P 1057-1075 %V 54 %N 4 %I EDP-Sciences %U http://archive.numdam.org/articles/10.1051/ro/2019038/ %R 10.1051/ro/2019038 %G en %F RO_2020__54_4_1057_0
Chen, Ping; Li, Bo; Huang, Huafei. Decision policies on players’ different risk combination under supplier encroachment. RAIRO - Operations Research - Recherche Opérationnelle, Tome 54 (2020) no. 4, pp. 1057-1075. doi : 10.1051/ro/2019038. http://archive.numdam.org/articles/10.1051/ro/2019038/
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