Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
11005124 | Transportation Research Part E: Logistics and Transportation Review | 2018 | 30 Pages |
Abstract
In this paper, we develop a dynamic equilibrium model of oligopolistic closed-loop supply chain network to account for the seasonality of demand. In this model, demands and returns are uncertain and time-dependent. The dynamic Cournot-Nash equilibrium of the oligopolistic network is constructed by evolutionary variational inequality and projected dynamical systems. The existence and monotonicity results are established and a computational method is developed for finding the dynamic Cournot-Nash equilibrium. Numerical examples are solved to illustrate the performance of our model. The results show that the firms' optimal production and transaction quantities are strongly affected by the time-dependent demands.
Related Topics
Social Sciences and Humanities
Business, Management and Accounting
Business and International Management
Authors
Chi Kin Chan, Yan Zhou, Kar Hung Wong,