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...

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Bibliographic Details
Main Authors: Qingren He, Taiwei Shi, Fei Xu, Wanhua Qiu
Format: Article
Language:English
Published: MDPI AG 2023-07-01
Series:Systems
Subjects:
Online Access:https://www.mdpi.com/2079-8954/11/7/357