Article ID Journal Published Year Pages File Type
1032755 Omega 2014 11 Pages PDF
Abstract

Author-Highlights•We quantify efficiency of price-only contracts in supply chains.•The bounds on price of anarchy established in this work have some novel features.•We identify the relative range as a pivotal parameter.•Price-only contracts maintain efficiency when demand uncertainty is relatively low.

In this paper, we quantify the efficiency of price-only contracts in supply chains with demand distributions by imposing prior knowledge only on the support, namely, those distributions with support [a,b][a,b] for 0

Related Topics
Social Sciences and Humanities Business, Management and Accounting Strategy and Management
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