Joint decision of pricing and ordering in stochastic demand with Nash bargaining fairness.
Jianxin ChenTonghua ZhangYong-Wu ZhouYuanguang ZhongPublished in: Comput. Oper. Res. (2020)
Keyphrases
- stochastic demand
- game theory
- utility function
- bargaining solution
- infinite horizon
- mechanism design
- inventory control
- game theoretic
- inventory policy
- periodic review
- decision makers
- nash equilibrium
- lead time
- decision problems
- fixed point
- dynamic pricing
- decision making
- pricing strategies
- solution concepts
- resource allocation
- finite horizon
- logical properties
- single product
- dynamic programming
- single item
- inventory systems
- lost sales
- optimal policy
- random variables
- supply chain
- setup cost
- markov decision processes