Technical Note - Nonlinear Pricing Competition with Private Capacity Information
Technical Note - Nonlinear Pricing Competition with Private Capacity Information
复制标题
技术说明 - 具有私人容量信息的非线性定价竞争
DOI:
10.1287/opre.2015.1463
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发表时间:
2016
期刊:
影响因子:
--
通讯作者:
G. Perakis
中科院分区:
文献类型:
--
作者:
Hamid Nazerzadeh;G. Perakis
We analyze the equilibrium of an incomplete information game consisting of two capacity-constrained suppliers and a single retailer. The capacity of each supplier is her private information. Conditioned on their capacities, the suppliers simultaneously and noncooperatively offer quantity-price schedules to the retailer. Then, the retailer decides on the quantities to purchase from each supplier to maximize his own utility. We prove the existence of a (pure strategy) Nash equilibrium for this game. We show that at the equilibrium each (infinitesimal) unit of the supply is assigned a marginal price that is independent of the capacities and depends only on the valuation function of the retailer and the distribution of the capacities. In addition, the supplier with the larger capacity sells all her supply.