• Economics
  • Published 2011

Joint Decision on Priced Produrement and Dynamic Inventory Considering Price Reference Effect

@inproceedings{Xianpei2011JointDO,
  title={Joint Decision on Priced Produrement and Dynamic Inventory Considering Price Reference Effect},
  author={Hong Xian-pei},
  year={2011}
}
Introducing price reference effect theory in an electronic products supply chain composed of one supplier and buyers,this paper studies how the perishable electronic products supplier makes his production and pricing decision in each period under reference effect,and how both spot price and reference price affect the buyers' procurement decisions.Furthermore,this paper considers two situations that in which the reference is based on symmetric and asymmetric information,and respectively analyzes… CONTINUE READING