Parallel and distributed computation: numerical methods
Parallel and distributed computation: numerical methods
A variational inequality approach for marketable pollution permits
Computational Economics
The Economics of Electronic Commerce
The Economics of Electronic Commerce
The Supply Chain Network @ Internet Speed: Preparing Your Company for the E-Commerce Revolution
The Supply Chain Network @ Internet Speed: Preparing Your Company for the E-Commerce Revolution
Supply Chain Management and Advanced Planning: Concepts, Models, Software, and Case Studies
Supply Chain Management and Advanced Planning: Concepts, Models, Software, and Case Studies
Complex adaptive supply chain network: the state of the art
CCDC'09 Proceedings of the 21st annual international conference on Chinese control and decision conference
Upstream supply chain benefits from e-markets in the UK higher education sector
International Journal of Business Information Systems
Pricing strategy of mixed traditional and online distribution channels based on stackelberg game
WINE'05 Proceedings of the First international conference on Internet and Network Economics
Dynamics of global supply chain supernetworks
Mathematical and Computer Modelling: An International Journal
Mathematical and Computer Modelling: An International Journal
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In this paper, we develop a framework for the formulation, analysis, and computation of solutions to supply chain network problems in the presence of electronic commerce. Specifically, we consider manufacturers who are involved in the production of a homogeneous product and can now sell and have delivered the product not only to retailers but also directly to consumers. In addition, the manufacturers can transact with the retailers electronically. We assume that both the manufacturers and the retailers seek to maximize their profits, whereas the consumers take both the prices charged by the retailers and the manufacturers, along with the associated transaction costs, in making their consumption decisions. We identify the network structure of the problem, derive the equilibrium conditions, and establish the finite-dimensional variational inequality formulation. We then utilize variational inequality theory to obtain qualitative properties of the equilibrium pattern. In addition, we propose a continuous time adjustment process for the study of the disequilibrium dynamics and establish that the set of stationary points of the resulting iprojected dynamical system coincides with the set of solutions of the variational inequality problem. Finally, we apply an algorithm for the determination of equilibrium prices and product shipments in several supply chain examples. This paper synthesizes Business-to-Consumer (B2C) and Business-to-Business (B2B) decision-making in a supply chain context within the same framework.