Bargaining for cooperative economic ordering

Bargaining for cooperative economic ordering

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Article ID: iaor20083152
Country: Netherlands
Volume: 43
Issue: 2
Start Page Number: 569
End Page Number: 583
Publication Date: Mar 2007
Journal: Decision Support Systems
Authors:
Keywords: game theory
Abstract:

This paper analyzes horizontal cooperations between organizations that have the opportunity to jointly replenish material requirements. Two mechanisms are investigated, the search for short-term cooperations (e.g., via electronic markets) and long-term cooperations. The operations management context used in this paper is the economic order quantity model. Collaboration is analyzed by using bargaining concepts from non-cooperative and cooperative game theory.

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