首页|Technical Notes:STUDIES ON THE VALUE OF SECONDARY MARKET TO THE SUPPLY CHAIN

Technical Notes:STUDIES ON THE VALUE OF SECONDARY MARKET TO THE SUPPLY CHAIN

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This paper investigates the impact of a secondary market, where retailers can buy and sell excessinventories, on the supply chain. We develop a two-period model with a single manufacturer and tworetailers. At the beginning of the first period the retailers order and receive products from themanufacturer, but at the beginning of the second period, they can trade surplus products betweenthemselves in the secondary market. We investigate the impact of the correlated dependence ofretailers' demand on both the quantity effect and the allocation effect under the secondary market.Lastly, we study potential strategies for the manufacturer to increase sales with the existence of thesecondary market.

Supply chainsecondary marketexchangesmarket equilibrium

Ju-liang ZHANG、Jian CHEN

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Department of Management Science and Engineering School of Economics and Management Tsinghua University, Beijing 100084, China.Jlzhang68@mail.tsinghua.edu.cn

Department of Management Science and Engineering School of Economics and Management Tsinghua University, Beijing 100084, China.chenj@em. tsinghua edu.cn

国家自然科学基金中国博士后科学基金

70071015,70231010

2003

系统科学与系统工程学报(英文版)
中国系统工程学会

系统科学与系统工程学报(英文版)

EI
影响因子：0.138
ISSN：1004-3756
年,卷(期)：2003.12(3)
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