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

DOI10.1111/ITOR.12161zbMATH Open1349.91110OpenAlexW1990897749MaRDI QIDQ2829156FDOQ2829156

Wansheng Tang, Musen Xue, 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)

Cites Work

• Supply Chain Coordination with Revenue-Sharing Contracts: Strengths and Limitations
• Channel coordination through a revenue sharing contract in a two-period newsboy problem
• Note. The role of returns policies in pricing and inventory decisions for catalogue goods
• Manufacturer's revenue-sharing contract and retail competition
• A pricing model for clearing end-of-season retail inventory
• Coordination Mechanisms for a Distribution System with One Supplier and Multiple Retailers
• Conspicuous Consumption and Sophisticated Thinking
• Two‐echelon manufacturer–retailer supply chain strategies with price, quality, and promotional effort sensitive demand
• Coordination between strategic forest management and tactical logistic and production planning in the forestry supply chain
• Supply chain coordination for a deteriorating item with stock and price-dependent demand under revenue sharing contract

Cited In (8)

• 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
• Manufacturer encroachment and quality investment decisions in a two‐period supply chain
• Coordinating visit interval and safety stock decisions in a two-level supply chain with shelf-life considerations
• 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

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