About this Journal Submit a Manuscript Table of Contents
Discrete Dynamics in Nature and Society
Volume 2014 (2014), Article ID 749769, 14 pages
http://dx.doi.org/10.1155/2014/749769
Research Article

The Complex Dynamics of Bertrand-Stackelberg Pricing Models in a Risk-Averse Supply Chain

College of Management and Economics, Tianjin University, Tianjin 300072, China

Received 22 September 2013; Accepted 17 February 2014; Published 18 May 2014

Academic Editor: Mingshu Peng

Copyright © 2014 Junhai Ma and Qiuxiang Li. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

Linked References

  1. J. Wei, J. Zhao, and Y. Li, “Pricing decisions for complementary products with firms' different market powers,” European Journal of Operational Research, vol. 224, no. 3, pp. 507–519, 2013. View at Publisher · View at Google Scholar · View at MathSciNet
  2. S. K. Mukhopadhyay, X. Yue, and X. Zhu, “A Stackelberg model of pricing of complementary goods under information asymmetry,” International Journal of Production Economics, vol. 134, no. 2, pp. 424–433, 2011. View at Publisher · View at Google Scholar · View at Scopus
  3. O. Caliskan-Demirag, Y. Chen, and J. Li, “Customer and retailer rebates under risk aversion,” International Journal of Production Economics, vol. 133, no. 2, pp. 736–750, 2011. View at Publisher · View at Google Scholar · View at Scopus
  4. C. Luo and J. Huang, “Pricing and ordering strategies in supply chain with different risk preference,” Computer Integrated Manufacturing Systems, vol. 18, no. 4, pp. 859–866, 2012.
  5. B. Hu and X. Chen, “Supply chain sale-surety option contract with effort dependent demand and risk preference,” Journal of Industrial Engineering: Engineering Management, vol. 26, no. 3, pp. 184–190, 2012.
  6. Z. Guan and B. Zhou, “Integrated optimization of three-level supply chain under different risk attitude,” Operations Research and Management Science, vol. 20, no. 6, pp. 19–24, 2011.
  7. S. Huang and C. Yang, “Supply chain coordination model considering risk attitudes of agents with VaR constraints,” Journal of Industrial Engineering: Engineering Management, vol. 25, no. 2, pp. 136–141, 2012.
  8. T. Puu, “The chaotic duopolists revisited,” Journal of Economic Behavior and Organization, vol. 33, no. 3-4, pp. 385–394, 1998. View at Publisher · View at Google Scholar · View at Scopus
  9. J. Ma and Z. Sun, “The research on price game model and its complex characteristics of triopoly in different decision-making rule,” Nonlinear Dynamics, vol. 71, no. 1-2, pp. 35–53, 2013. View at Publisher · View at Google Scholar · View at MathSciNet
  10. J. Ma and H. I. Bangura, “Complexity analysis research of financial and economic system under the condition of three parameters' change circumstances,” Nonlinear Dynamics, vol. 70, no. 4, pp. 2313–2326, 2012. View at Publisher · View at Google Scholar · View at Zentralblatt MATH · View at MathSciNet
  11. H. B. Hwarng and N. Xie, “Understanding supply chain dynamics: a chaos perspective,” European Journal of Operational Research, vol. 184, no. 3, pp. 1163–1178, 2008. View at Publisher · View at Google Scholar · View at Zentralblatt MATH · View at Scopus
  12. J. Wang and X. Wang, “Complex dynamic behaviors of constrained supply chain systems,” Systems Engineering-Theory & Practice, vol. 32, no. 4, pp. 746–751, 2012.
  13. J. Ma and Y. Feng, “The study of the chaotic behavior in retailer's demand model,” Discrete Dynamics in Nature and Society, vol. 2008, Article ID 792031, 12 pages, 2008. View at Publisher · View at Google Scholar · View at Zentralblatt MATH · View at MathSciNet
  14. E. Gal-Or, “Information sharing in oligopoly,” Econometrica, vol. 53, no. 2, pp. 329–343, 1985. View at Publisher · View at Google Scholar · View at Zentralblatt MATH · View at MathSciNet
  15. J. S. Raju and A. Roy, “Market information and firm performance,” Management Science, vol. 46, no. 8, pp. 1075–1084, 2000. View at Publisher · View at Google Scholar · View at Zentralblatt MATH · View at Scopus
  16. X. Vives, “Duopoly information equilibrium: cournot and Bertrand,” Journal of Economic Theory, vol. 34, no. 1, pp. 71–94, 1984. View at Publisher · View at Google Scholar · View at Zentralblatt MATH · View at MathSciNet
  17. A. Kunstman, “Decision making under uncertainty: models and choices,” European Journal of Operational Research, vol. 8, no. 4, pp. 401–402, 1981.
  18. M. R. Walls, “Combining decision analysis and portfolio management to improve project selection in the exploration and production firm,” Journal of Petroleum Science and Engineering, vol. 44, no. 1-2, pp. 55–65, 2004. View at Publisher · View at Google Scholar · View at Scopus
  19. R. D. Banker, I. Khosla, and K. K. Sinha, “Quality and competition,” Management Science, vol. 44, no. 9, pp. 1179–1192, 1998. View at Publisher · View at Google Scholar · View at Zentralblatt MATH · View at Scopus