Persistent Link:
http://hdl.handle.net/10150/194894
Title:
Games of Decentralized Inventory Management
Author:
Summerfield, Nichalin Suakkaphong
Issue Date:
2010
Publisher:
The University of Arizona.
Rights:
Copyright © is held by the author. Digital access to this material is made possible by the University Libraries, University of Arizona. Further transmission, reproduction or presentation (such as public display or performance) of protected items is prohibited except with permission of the author.
Abstract:
Any decentralized retail or wholesale system of competing entities requires a benefit sharing arrangement when competing entities collaborate after their demands are realized. For instance, consider a distribution system similar to the observed behavior of independent car dealerships. If a dealership does not have in stock the car requested by a customer, it might consider acquiring it from a competing dealer. Such behavior raises questions about competitive procurement strategies that achieve system optimal outcomes. This dissertation consists of three main bodies of work contained respectively in chapters 2, 3, and 4. In the first work -- chapter 2, we examine a decentralized system that adopts an ex-post agreed transfer payment approach proposed by Anupindi et al. (Manuf. Serv. Oper.Manag. 4(3):349-368, 2001). In particular, we state a set of conditions on cost parameters and distributions that guarantee uniqueness of pure strategy Nash equilibrium. In the second work -- chapter 3, we introduce a multilevel graph framework that links decentralized inventory distribution models as a network of stochastic programming with recourse problems. This framework depicts independent retailers who maximize their individual expected profits, with each retailer independently procuring inventory in the ex-ante stage in response to forecasted demand and anticipated cooperative recourse action of all retailers in the system. The graph framework clarifies the modeling connection between problems in a taxonomy of decentralized inventory distribution models. This unifying perspective links the past work and shades light on future research directions. In the last work -- chapter 4, we examine and recast the biform games modeling framework as two-stage stochastic programming with recourse. Biform games modeling framework addresses two-stage games with competitive first stage and cooperative second stage without ex-ante agreement on profit sharing scheme. The two-stage stochastic programming view of biform games is demonstrated on examples from all the known examples regarding operational decision problems of competing firms from the literature. It allows an “old” mathematical methodology to showcase its versatility in modeling combined competitive and cooperative game options. In short, this dissertation provides important insights, clarifications, and strategic limitations regarding collaborations in decentralized distribution system.
Type:
text; Electronic Dissertation
Keywords:
biform games; cooperative games; inventory management; noncooperative games; stochastic programming
Degree Name:
Ph.D.
Degree Level:
doctoral
Degree Program:
Management Information Systems; Graduate College
Degree Grantor:
University of Arizona
Advisor:
Dror, Moshe
Committee Chair:
Dror, Moshe

Full metadata record

DC FieldValue Language
dc.language.isoenen_US
dc.titleGames of Decentralized Inventory Managementen_US
dc.creatorSummerfield, Nichalin Suakkaphongen_US
dc.contributor.authorSummerfield, Nichalin Suakkaphongen_US
dc.date.issued2010en_US
dc.publisherThe University of Arizona.en_US
dc.rightsCopyright © is held by the author. Digital access to this material is made possible by the University Libraries, University of Arizona. Further transmission, reproduction or presentation (such as public display or performance) of protected items is prohibited except with permission of the author.en_US
dc.description.abstractAny decentralized retail or wholesale system of competing entities requires a benefit sharing arrangement when competing entities collaborate after their demands are realized. For instance, consider a distribution system similar to the observed behavior of independent car dealerships. If a dealership does not have in stock the car requested by a customer, it might consider acquiring it from a competing dealer. Such behavior raises questions about competitive procurement strategies that achieve system optimal outcomes. This dissertation consists of three main bodies of work contained respectively in chapters 2, 3, and 4. In the first work -- chapter 2, we examine a decentralized system that adopts an ex-post agreed transfer payment approach proposed by Anupindi et al. (Manuf. Serv. Oper.Manag. 4(3):349-368, 2001). In particular, we state a set of conditions on cost parameters and distributions that guarantee uniqueness of pure strategy Nash equilibrium. In the second work -- chapter 3, we introduce a multilevel graph framework that links decentralized inventory distribution models as a network of stochastic programming with recourse problems. This framework depicts independent retailers who maximize their individual expected profits, with each retailer independently procuring inventory in the ex-ante stage in response to forecasted demand and anticipated cooperative recourse action of all retailers in the system. The graph framework clarifies the modeling connection between problems in a taxonomy of decentralized inventory distribution models. This unifying perspective links the past work and shades light on future research directions. In the last work -- chapter 4, we examine and recast the biform games modeling framework as two-stage stochastic programming with recourse. Biform games modeling framework addresses two-stage games with competitive first stage and cooperative second stage without ex-ante agreement on profit sharing scheme. The two-stage stochastic programming view of biform games is demonstrated on examples from all the known examples regarding operational decision problems of competing firms from the literature. It allows an “old” mathematical methodology to showcase its versatility in modeling combined competitive and cooperative game options. In short, this dissertation provides important insights, clarifications, and strategic limitations regarding collaborations in decentralized distribution system.en_US
dc.typetexten_US
dc.typeElectronic Dissertationen_US
dc.subjectbiform gamesen_US
dc.subjectcooperative gamesen_US
dc.subjectinventory managementen_US
dc.subjectnoncooperative gamesen_US
dc.subjectstochastic programmingen_US
thesis.degree.namePh.D.en_US
thesis.degree.leveldoctoralen_US
thesis.degree.disciplineManagement Information Systemsen_US
thesis.degree.disciplineGraduate Collegeen_US
thesis.degree.grantorUniversity of Arizonaen_US
dc.contributor.advisorDror, Mosheen_US
dc.contributor.chairDror, Mosheen_US
dc.contributor.committeememberWalker, Marken_US
dc.contributor.committeememberReynolds, Stanley Sen_US
dc.identifier.proquest11282en_US
dc.identifier.oclc752261125en_US
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