Analysis of Complex Dynamics in Different Bargaining Systems

This paper focuses on the bargaining behavior of supply chain members and studies the stability of the bargaining system. There are two forms of bargaining in the process of negotiation. One is separate bargaining, and the other is that the automobile manufacturers form an alliance and bargain with...

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Bibliographic Details
Published in:Complexity (New York, N.Y.) N.Y.), 2020, Vol.2020 (2020), p.1-16
Main Authors: Ma, Xiaogang, Su, Lin, Bao, Chunyu
Format: Article
Language:English
Subjects:
Automobile industry
Collective bargaining
Competition
Cost reduction
Decision making
Dynamic stability
Dynamical systems
Equilibrium
Feedback control
Labor unions
Logistics
Manufacturers
Methods
Prices and rates
Profits
Suppliers
Supply chains
System theory
Transportation equipment industry
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Summary:This paper focuses on the bargaining behavior of supply chain members and studies the stability of the bargaining system. There are two forms of bargaining in the process of negotiation. One is separate bargaining, and the other is that the automobile manufacturers form an alliance and bargain with the supplier collectively. We explore the influence of bargaining power and adjustment speed on the stability of the dynamic system and find that both of the factors need to be small to maintain the stability of the supply chain. After comparing the two forms of bargaining in terms of profits and stable regions, we find that the collective bargaining is a pattern with the existence of risk and benefit simultaneously. In order to control chaos in collective bargaining to lower the risk, we adopt the delay feedback control method. With the introduction of the control factor, the system tends to be stable finally.
ISSN:1076-2787
1099-0526
DOI:10.1155/2020/8406749