TY - JOUR
T1 - Benefiting from the economic recession? A supply chain perspective
AU - Hsiao, Lu
AU - Chen, Ying Ju
PY - 2013/1
Y1 - 2013/1
N2 - This paper demonstrates that firms and consumers may mutually benefit from the economic recession if the supply chain structure is explicitly taken into consideration. The model characteristics include consumer heterogeneity, intra-channel mis-coordination, and strategic interactions in this upstream-downstream relationship. The analysis reveals the possibility of Pareto improvement along the supply chain, and identifies the concrete regimes in which these mutual benefits may arise.
AB - This paper demonstrates that firms and consumers may mutually benefit from the economic recession if the supply chain structure is explicitly taken into consideration. The model characteristics include consumer heterogeneity, intra-channel mis-coordination, and strategic interactions in this upstream-downstream relationship. The analysis reveals the possibility of Pareto improvement along the supply chain, and identifies the concrete regimes in which these mutual benefits may arise.
KW - Consumer heterogeneity
KW - Economic recession
KW - Supply chain
UR - https://www.webofscience.com/wos/woscc/full-record/WOS:000315065200010
UR - https://openalex.org/W3124959638
UR - https://www.scopus.com/pages/publications/84870690345
U2 - 10.1016/j.orl.2012.11.005
DO - 10.1016/j.orl.2012.11.005
M3 - Journal Article
SN - 0167-6377
VL - 41
SP - 61
EP - 66
JO - Operations Research Letters
JF - Operations Research Letters
IS - 1
ER -