Centralizing Inventory in Supply Chains by Using Shapley Value to Allocate the Profits
Published Online:13 Oct 2010https://doi.org/10.1287/msom.1100.0310
References
- Cooperation yields mutual cost reduction. Electronics Buyers' News (1997) August 18):62Google Scholar
- Centralization of stocks: Retailers vs. manufacturer. Management Sci. (1999) 45(2):178–191Link, Google Scholar
- General framework for the study of decentralized distribution systems. Manufacturing Service Oper. Management (2001) 3(4):349–368Link, Google Scholar
- Digi-key picks vendor-managed over consignment inventory. Purchasing (2007) 136(14):17–18Google Scholar
- Electronics manufacturing service industry. (2000) . Technical report, National University of Singapore, Republic of SingaporeGoogle Scholar
- , Geunes J., Pardalos P. Using Shapley value to allocate savings in a supply chain. Supply Chain Optimization (2005) (Springer-Verlag, New York) 169–208Crossref, Google Scholar
- , de Kok A. G., Graves S. C. Supply chain coordination with contracts. Handbooks in Operations Research and Management Science: Supply Chain Management (2003) (Elsevier B.V., Amsterdam) . Chap. 6Crossref, Google Scholar
- Capacity choice and allocation: Strategic behavior and supply chain performance. Management Sci. (1999) 45(8):1091–1108Link, Google Scholar
- On the effect of centralization on expected profits in a multi-location newsboy problem. J. Oper. Res. Soc. (2000) 51(6):755–761Google Scholar
- Farsighted coalitional stability. J. Econom. Theory (1994) 63(2):259–325Crossref, Google Scholar
- Optimal capacity choice and allocation in decentralized supply chains. (2005) . Technical report, Purdue University, West Lafayette, INGoogle Scholar
- Who benefits from transshipment? Exogenous vs. endogenous wholesale prices. Management Sci. (2004) 50(5):645–657Link, Google Scholar
- 3rd party logistics providers' role in replenishment: Classic and future models in the high-tech/electronics sector. (2007) . Technical report, Kuehne-Centre for Logistics Management, Vallendar, GermanyGoogle Scholar
- Effects of centralization on expected costs in multi-location newsboy problem. Management Sci. (1979) 25(5):498–501Link, Google Scholar
- On apportioning costs to customers in centralized continuous review systems. J. Oper. Management (1991) 10(4):546–551Crossref, Google Scholar
- On the effect of demand randomness on inventories and costs. Oper. Res. (1992) 40(4):804–807Link, Google Scholar
- A three-stage model for a decentralized distribution system of retailers. Oper. Res. (2003) 51(5):771–784Link, Google Scholar
- Formation of alliances in Internet-based supply exchanges. Management Sci. (2005) 51(1):92–105Link, Google Scholar
- Cost allocation in continuous-review inventory models. Naval Res. Logist. (1996) 43(4):549–561Crossref, Google Scholar
- Optimizing centralized inventory operations in a cooperative game theory setting. IIE Trans. (2003) 35(3):243–257Crossref, Google Scholar
- Allocations of gains from inventory centralization in newsvendor environments. IIE Trans. (2005) 37(2):93–107Crossref, Google Scholar
- , Aumann R. J., Hart S. The bargaining set, kernel, and nucleolus. Handbook of Game Theory with Economic Applications (1992) 1(North Holland, Amsterdam) 591–667Crossref, Google Scholar
- New sourcing strategies are paying off. Electronics Buyers' News (1998) October 5Google Scholar
- The newsvendor game has a nonempty core. Games Econom. Behav. (2002) 38(1):118–126Crossref, Google Scholar
- Game Theory Analysis of Conflict (1991) (Harvard University Press, Cambridge, MA) Google Scholar
- A bargaining framework in supply chains: The assembly problem. Management Sci. (2008) 54(8):1482–1496Link, Google Scholar
- Profit division in newsvendor games with delivery restrictions. (2006a) . Technical report, Eindhoven University of Technology, Eindhoven, The NetherlandsGoogle Scholar
- On the convexity of newsvendor games. (2005) . Technical report. Eindhoven University of Technology, Eindhoven, The NetherlandsGoogle Scholar
- A collaborative decentralized distribution system with updated demand information. (2006b) . Technical report, Eindhoven University of Technology, Eindhoven, The NetherlandsGoogle Scholar
- Cooperation between multiple newsvendors with warehouses. Manufacturing Service Oper. Management (2008) 10(2):311–324Link, Google Scholar
- Sell the plant? The impact of contract manufacturing on innovation, capacity and profitability. Management Sci. (2005) 51(1):133–150Link, Google Scholar
- Implications of breach remedy and renegotiation design for innovation and capacity. Management Sci. (2007a) 53(12):1859–1871Link, Google Scholar
- Implications of renegotiation for optimal contract flexibility and investment. Management Sci. (2007b) 53(12):1872–1886Link, Google Scholar
- A comment on Gerchak and Gupta's “On apportioning costs to customers in centralized continuous review systems”. J. Oper. Management (1993) 11(1):99–102Crossref, Google Scholar
- A two-location inventory model with transshipment and local decision making. Management Sci. (2001) 47(12):1668–1680Link, Google Scholar
- Stochastic Orders and Their Applications (2007) (Springer, New York) Google Scholar
- A value for N-person games. Contribution to the Theory of Games (1953) 2(Princeton University Press, Princeton, NJ) 307–317Crossref, Google Scholar
- Cores of convex games. Internat. J. Game Theory (1971) 1(1):11–26Crossref, Google Scholar
- Cooperation between multiple news-vendors with transshipments. Eur. J. Oper. Res. (2005) 167(2):370–380Crossref, Google Scholar
- The effect of leadtime uncertainty in a simple stochastic inventory model. Management Sci. (1994) 40(5):603–613Link, Google Scholar
- Transshipment of inventories among the retailers: Myopic vs. farsighted stability. Management Sci. (2006) 52(10):1493–1508Link, Google Scholar
- Population monotonic allocation schemes for cooperative games with transferable utility. Games Econom. Behav. (1990) 2(4):378–394Crossref, Google Scholar
- Competition and cooperation in decentralized distribution. (2009) . Technical report, University of Arizona, TucsonGoogle Scholar
- Conditions that cause risk pooling to increase inventory. Eur. J. Oper. Res. (2009) 192(3):837–851Crossref, Google Scholar
- Monotonic solutions of cooperative games. Internat. J. Game Theory (1985) 14(2):65–72Crossref, Google Scholar
- Transshipment and its impact on supply chain members' performance. Management Sci. (2005) 51(10):1534–1539Link, Google Scholar
- Inventory sharing and rationing in decentralized dealer networks. Management Sci. (2005) 51(4):531–547Link, Google Scholar

