|Table of Contents|

Transmission Analysis of Demand and Exchange RateRisks in the Supply Chain——Based on Cournot Model(PDF)

南京师范大学学报（工程技术版）[ISSN:1006-6977/CN:61-1281/TN]

Issue:
2015年04期
Page:
82-
Research Field:
金融工程
Publishing date:

Info

Title:
Transmission Analysis of Demand and Exchange RateRisks in the Supply Chain——Based on Cournot Model
Author(s):
Ji Xiaojing; Zhao Ziqiang; Sha Sha
School of Computer Science and Technology，Nanjing Normal University，Nanjing 210023,China
Keywords:
Cournot model; supply chain; risk transmission; equilibrium model
PACS:
F830.51
DOI:
-
Abstract:
Based on the Cournot competition and the game theory，this study constructs a game mode which contains two retailers，two manufacturers and two suppliers through wholesale price contracts. With the model equilibrium，we investigate how demand risk and exchange rate risk are transmitted in the two supply chain consisting of two suppliers，two manufacturers and two retailers in the Cournot Market. The results show that（1） Along with the increases of the final demand and exchange rate，the expected profit of the retailer，the manufacturer and the supplier increases；（2）Along with the increases of the final demand and exchange rate，the profit variance of the retailer，the manufacturer and the supplier increases；（3）While the slope of the supplier’s margin cost function increases，the relative risks between the retailer and the manufacturer increases. By making use of Cournot model，the paper anlayzes the transmission mechanisms of demand risk and exchange risk in market competitions in supply chain，their influence on the expected profit and the profit variance of supply chain enterprises，and the risk share of supply chain enterprises in market competitions.

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Last Update: 2015-12-20