The complexity uncertain analysis about three differences old and new product pricing oligarch retailers closed-loop supply chain

DOI10.1155/2014/891624MaRDI QIDQ1725199zbMATH OpenOpenAlexWikidataFDO

Authors Junhai Ma, Bin Chen

Publication date 14 February 2019

Published in Abstract and Applied Analysis (Search for Journal in Brave)

Copyright license Creative Commons Attribution 3.0 Unported

Full work available at URL https://doi.org/10.1155/2014/891624

Mathematics Subject Classification ID

Chaos control for problems involving ordinary differential equations (34H10) Applications of difference equations (39A60) Special types of economic markets (including Cournot, Bertrand) (91B54)

Review text

Summary: This paper studied some realistic recycle fields at present in China, such as some daily machinery and equipment, electronic products, and plastic products. Under such circumstance, three oligarch retailers are a common situation. In this paper, we model and analyze the game of three oligarch retailers in a closed-loop supply chain. The stability of the Nash equilibrium, the bifurcation and chaos phenomenon of the recycling price and new product quantity when retailers change its adjustment speed, the profit trends of the three retailers, and the power spectrum are studied. At last, we used the parameter adjustment and the variable state feedback control strategy for chaos control, and the chaos of the system is delayed effectively. For closed-loop supply chain research, the conclusions of the numerical simulation in this paper not only have realistic guiding significance, but also have theoretical reference value.

Recommendations

• Research on the complexity and chaos control about a closed-loop supply chain with dual-channel recycling and uncertain consumer perception
• Complex Dynamics of Pricing Game Model in a Dual-Channel Closed-Loop Supply Chain with Delay Decision
• Complexity analysis of dynamic noncooperative game models for closed-loop supply chain with product recovery
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Cites work

• Analysis of nonlinear triopoly game with heterogeneous players
• Complex dynamics in nonlinear triopoly market with different expectations
• Complexity analysis of a Cournot-Bertrand duopoly game model with limited information
• Complexity analysis research of financial and economic system under the condition of three parameters' change circumstances
• Complexity of a duopoly game in the electricity market with delayed bounded rationality
• Dynamics and adaptive control of a duopoly advertising model based on heterogeneous expectations
• scientific article; zbMATH DE number 5161683 (Why is no real title available?)

Cited in

(2)

• Dynamic pricing game under different channel power structures in a closed-loop supply chain
• Research on the complexity and chaos control about a closed-loop supply chain with dual-channel recycling and uncertain consumer perception

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