Computer Science ›› 2024, Vol. 51 ›› Issue (6A): 230800134-7.doi: 10.11896/jsjkx.230800134

• Interdiscipline & Application • Previous Articles     Next Articles

Supply Chain Decisions Considering Supplier Loss Aversion and Financial Constraints

LI Liying, ZHOU Jun, WANG Min   

  1. College of Mathematics and Statistics,Chongqing Jiaotong University,Chongqing 400074,China
  • Published:2024-06-06
  • About author:LI Liying,born in 1975,Ph.D,associate professor.Her main research interests include logistics and supply chain ma-nagement and so on.
    ZHOU Jun,born in 1992,postgraduate.His main research interests include logistics and supply chain management and so on.
  • Supported by:
    Joint Training Base Construction Project for Graduate Students in Chongqing(JDLHPYJD2021016) and Group Building Scientific Innovation Project for Universities in Chongqing(CXQT21021).

Abstract: With increasingly competitive markets,it is particularly common for suppliers to be underfunded in the presence of yield uncertainty.Based on this,a Stackelberg game model is constructed with the lead of risk-neutral manufacturer and the follower of loss-averse supplier.The optimal production input quantity decision of the loss-averse supplier and the optimal loss-sharing decision of the manufacturer are given under the two modes of bank financing and manufacturer’s advance payment financing,respectively.The theoretical and numerical analyses show that,when each parameter takes different values within a certain range,the supplier and the manufacturer may tend to choose different financing modes;in the advance payment financing mode,the more loss-averse the supplier is,the more conservative production strategy she will adopt,and then the manufacturer will incentivize the supplier to increase the amount of production inputs by assuming more loss-sharing ratios.

Key words: Output uncertainty, Loss aversion, Capital-constraint, Financing strategies, Loss sharing

CLC Number: 

  • F274
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