Capacity allocation with competitive retailers

Masabumi Furuhata, Dongmo Zhang

Research output: Chapter in Book / Conference PaperConference Paperpeer-review

3 Citations (Scopus)

Abstract

This paper addresses a problem in supply chain management that how scarce resources can be efficiently allocated among competing interests. We present a formal model of allocation mechanisms for such settings that a supplier with limited production capacity allocates its products to a set of competitive retailers. In contrary to the existing allocation mechanisms in which retailers are local monopolists, the new model exhibits much more complicated market behaviors. We show that the widely-used proportional allocation mechanism is no longer necessarily Pareto optimal, even if all retailers are in a symmetric situation. A necessary and sufficient condition for the proportional allocation to be Pareto optimal is given. We propose a truth-inducing allocation mechanism based on our capacity allocation model, which is more intuitive and applicable than the existing truth-inducing mechanisms.

Original languageEnglish
Title of host publicationProc. 8th Int. Conf. Electronic Commerce 2006 - The New E-Commerce
Subtitle of host publicationInnovations for Conquering Current Barriers, Obstacles and Limitations to Conducting Successful Business on the Internet
Pages31-37
Number of pages7
DOIs
Publication statusPublished - 2006
Event8th International Conference on Electronic Commerce 2006 - Fredericton, NB, Canada
Duration: 13 Aug 200616 Aug 2006

Publication series

NameACM International Conference Proceeding Series

Conference

Conference8th International Conference on Electronic Commerce 2006
Country/TerritoryCanada
CityFredericton, NB
Period13/08/0616/08/06

Keywords

  • Allocation mechanism design
  • Game theory
  • Oligopoly

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