Decentralized Inventory Transshipments with Quantal Response Equilibrium
Despite the benefits of inventory transshipment, numerous behavioral experiments have revealed that retailers often deviate from the Nash-equilibrium ordering quantities, which in turn impacts the potential advantages. Motivated by this issue, we developed a behavioral model to analyze the deviation...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
MDPI AG
2023-07-01
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Series: | Systems |
Subjects: | |
Online Access: | https://www.mdpi.com/2079-8954/11/7/357 |