Wei Xing

TL;DR: The results show that for a risk-averse reseller to charge a lower retail price when the spot market liquidity increases is desirable and that a B2B spot market cannot always improve a reseller’s utility.

TL;DR: It is concluded that rather than simply being a second channel, the B2B spot market provides a strategic tool to supply chain members to achieve an advantageous position in their contract trading.

TL;DR: In this article, the equilibrium number of manufacturers who purchase the information service depends only on the downstream competition intensity, and the authors provide guidance to the supplier on when it should rely on a third-party information provider instead of offering information service in house.

TL;DR: This paper investigates the effect of information updating on the members of a two-stage supply chain in the presence of spot market and model the problem with an information updating Stackelberg game and derive unique equilibrium strategies.

TL;DR: Analysis of index-based contract designs and contract equilibria in a competitive setting considers a two-echelon supply chain consisting of two manufacturers and a retailer and shows that in equilibrium, both manufacturers consistently adopt an index- based contact if the spot prices are positively correlated.