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J4  2009, Vol. 6 Issue (11): 1444-    DOI:
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Buy-back Contract of Supply Chain Based on Double Auction Mechanism
 YAO Xun, TANG Xiao-Wo, PAN Jing-Ming
University of Electronic Science and Technology of China,Chendu, China

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Abstract  

This paper extends the newsboy problem in asymmetric information, and investigates the process of setting a price between two sides in supply chain applying static Bayesian game. The dealing space of linear strategy between both sides is presented and supply chain coordination can be realized through using buyback contract from the perspective of maximizing supply chain profit.

Key wordssupply chain coordination      incomplete information static game      double auction mechanism      static Bayesian game      buy-back contract     
Received: 19 June 2008     
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YAO Xun
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PAN Jing-Ming
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YAO Xun,TANG Xiao-Wo,PAN Jing-Ming. Buy-back Contract of Supply Chain Based on Double Auction Mechanism[J]. J4, 2009, 6(11): 1444-.
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http://manu68.magtech.com.cn/Jwk_glxb/EN/     OR     http://manu68.magtech.com.cn/Jwk_glxb/EN/Y2009/V6/I11/1444
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