Using game theory to predict supply chain cooperation

The motivation for this research was to understand under what conditions supply chain cooperation might be feasible and under what circumstances it is not. Whereas previous research focuses on dyads in a supply chain, our research seeks to examine a possible factor that can explain why truly coopera...

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Bibliographic Details
Published in:Performance improvement (International Society for Performance Improvement) 2012-03, Vol.51 (3), p.19-23
Main Authors: Lutz, Heather, Vang, David O., Raffield, William D.
Format: Article
Language:English
Subjects:
Business Administration
Cooperation
Game Theory
Studies
Supply chains
Systems Approach
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Summary:The motivation for this research was to understand under what conditions supply chain cooperation might be feasible and under what circumstances it is not. Whereas previous research focuses on dyads in a supply chain, our research seeks to examine a possible factor that can explain why truly cooperative supply chains involving more than two firms are a rarity among independent firms. This research extends the use of game theory to demonstrate the potential impact of a multiple‐tier supply chain agreement.
ISSN:1090-8811
1930-8272
DOI:10.1002/pfi.21251