Supply chain pricing and coordination with markdown strategy in the presence of conspicuous consumers

DOI10.1111/ITOR.12161MaRDI QIDQ2829156zbMATH OpenOpenAlexFDO

Authors Musen Xue, Wansheng Tang, Jianxiong Zhang

Publication date 27 October 2016

Published in International Transactions in Operational Research (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1111/itor.12161

zbMATH Keywords

supply chain coordinationrationingmarkdown pricingrevenue-sharing contractconspicuous consumers

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05) Microeconomic theory (price theory and economic markets) (91B24)

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Cites work

• A pricing model for clearing end-of-season retail inventory
• Channel coordination through a revenue sharing contract in a two-period newsboy problem
• Conspicuous Consumption and Sophisticated Thinking
• Coordination between strategic forest management and tactical logistic and production planning in the forestry supply chain
• Coordination mechanisms for a distribution system with one supplier and multiple retailers
• Manufacturer's revenue-sharing contract and retail competition
• Note. The role of returns policies in pricing and inventory decisions for catalogue goods
• Supply chain coordination for a deteriorating item with stock and price-dependent demand under revenue sharing contract
• Supply chain coordination with revenue-sharing contracts: strengths and limitations
• Two-echelon manufacturer-retailer supply chain strategies with price, quality, and promotional effort sensitive demand

Cited in

(13)

• Two-period pricing strategies in a two-echelon supply chain with conspicuous consumption
• Behavioral Anomalies in Consumer Wait-or-Buy Decisions and Their Implications for Markdown Management
• A comparison of the merchant and agency models in the hotel industry
• Proposing channel coordination and horizontal cooperation in two competitive three‐echelon reverse supply chains
• Selling luxury fashion to conspicuous consumers in the presence of discount sensitivity behavior
• Markdown pricing strategy under a dual-channel supply chain with strategic consumers
• Optimal pricing of a conspicuous product during a recession that freezes capital markets
• Two-stage supply chain dynamic pricing and coordination strategy considering consumers' expected regret
• Coordinating visit interval and safety stock decisions in a two-level supply chain with shelf-life considerations
• Manufacturer encroachment and quality investment decisions in a two‐period supply chain
• Pricing and quality level decisions of substitutable products in online and traditional selling channels: game‐theoretical approaches
• Pricing decisions in a multiechelon supply chain under a bundling strategy
• Study on supply chain considering anticipated regret under price discount

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