Article ID: | iaor19941301 |
Country: | United Kingdom |
Volume: | 21 |
Issue: | 2 |
Start Page Number: | 155 |
End Page Number: | 167 |
Publication Date: | Feb 1994 |
Journal: | Computers and Operations Research |
Authors: | Abad P.L. |
Keywords: | pricing |
A new model of supplier-buyer co-ordination is presented for the case when the buyer’s requirements are fixed. The model allows for multiple lot strategy by the supplier. The problem of supplier pricing is viewed as a two-person fixed threat bargaining game and Pareto efficient solutions are characterized. A pricing scheme is designed for a supplier who is supplying to a population of buyers.