Silbermayr, Lena. 2020. A review of non-cooperative newsvendor games with horizontal inventory interactions. Omega - International Journal of Management Science. 92 102148
BibTeX
Abstract
There are numerous applications of game theory in the analysis of supply chains where multiple actors interact with each other in order to reach their own objectives. In this paper we review the use of non-cooperative game theory in inventory management within the newsvendor framework describing a single period inventory control model with the focus on horizontal interactions among multiple independent newsvendors. We develop a framework for identifying these types of horizontal interactions including, for example, the models with the possibility of inventory sharing via transshipments, and situations with substitutable products sold by multiple newsvendors. Based on this framework, we discuss and relate the results of prior research and identify future research opportunities.
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Status of publication | Published |
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Affiliation | WU |
Type of publication | Journal article |
Journal | Omega - International Journal of Management Science |
Citation Index | SCI |
WU Journalrating 2009 | A |
WU-Journal-Rating new | FIN-A, INF-A, STRAT-B, WH-B |
Language | English |
Title | A review of non-cooperative newsvendor games with horizontal inventory interactions |
Volume | 92 |
Year | 2020 |
Page from | 102148 |
Reviewed? | Y |
DOI | https://doi.org/10.1016/j.omega.2019.102148 |
Open Access | Y |
Open Access Link | https://www.sciencedirect.com/science/article/pii/S0305048318313409 |
Associations
- People
- Silbermayr, Lena (Details)
- Organization
- Institute for Production Management (Reiner) (Details)
- Information Systems and Operations Management DP (Details)
- Institute for Production Management IN (Details)