The Effect of Farmer Market Power on the Degree of Farm Retail Price Transmission: A Simulation Model with an Application to the Dutch Ware Potato Supply Chain

Agribusiness ◽  
2014 ◽  
Vol 30 (4) ◽  
pp. 424-437 ◽  
Author(s):  
Tsion Taye Assefa ◽  
W. Erno Kuiper ◽  
Miranda P.M. Meuwissen
Keyword(s):  
Supply Chain ◽  
Simulation Model ◽  
Market Power ◽  
Retail Price ◽  
Price Transmission ◽  
Ware Potato ◽  
Farmer Market

Asymmetric farm–retail price transmission and market power: a new test

2011 ◽  
Vol 43 (30) ◽  
pp. 4759-4768 ◽  
Author(s):  
Ram N. Acharya ◽  
Henry W. Kinnucan ◽  
Steven B. Caudill
Keyword(s):  
Market Power ◽  
Retail Price ◽  
Price Transmission

scholarly journals Market power and farm‐retail price transmission: The case of US fluid milk markets

Agribusiness ◽  
2019 ◽  
Vol 35 (4) ◽  
pp. 537-555 ◽  
Author(s):  
Charng‐Jiun Yu ◽  
Brian W. Gould
Keyword(s):  
Market Power ◽  
Retail Price ◽  
Price Transmission ◽  
Fluid Milk

Development of simulation model for 100% screening policy in supply chain management

2021 ◽  
Author(s):  
M. Jeganathan ◽  
S. Ravi Sankar ◽  
K. Karthikeyan ◽  
S. Nagarajan ◽  
G. Hariharan ◽  
...  
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Simulation Model ◽  
Chain Management ◽  
Screening Policy

scholarly journals Strategic Analysis of the Pricing Mechanisms in an Online Book Supply Chain in the Presence of Reference Price Effects

2021 ◽  
Vol 16 (5) ◽  
pp. 1492-1516
Author(s):  
Wenhua Hou ◽  
Yuwen Zeng
Keyword(s):  
Supply Chain ◽  
Discount Rate ◽  
Reference Price ◽  
Stackelberg Game ◽  
Lower Boundary ◽  
Retail Price ◽  
Reference Points ◽  
Price Effects ◽  
Retail Prices ◽  
Online Book

(1) Background: A binding recommended retail price has been used in several markets in a variety of forms, and the book market is a typical example. Publishers sell books to online retailers at a unit wholesale discount computed on the cover price. Retailers are then allowed to set the retail price. Therefore, if consumers regard the cover prices as reference points, then they may be more likely to purchase books if retail prices are lower than the cover prices. (2) Methods: We develop a Stackelberg game model for a book supply chain to investigates how reference price effects affect retailers and publisher’s pricing strategies. (3) Results: The results show that retailers will sell printed books at a discount only when the publisher’s wholesale discount rate is not high. Further, as the intensity of the reference price effects increases, (a) the lower boundary of the wholesale discount rate rises, (b) publishers’ profits increase and (c) retailers’ profits increase relative to the level of consumers’ e-books acceptance. (4) Conclusions: This result is related to the fact that the online retailer, such as Amazon and JD.com, like to invoke reference price effects in consumers’ minds by highlighting the printed book’s discount rate.

scholarly journals Simulation of marine vehicles operation in the state of wind and wave conditions

2021 ◽  
pp. 191-199
Author(s):  
А.А. Карпенко
Keyword(s):  
Supply Chain ◽  
Simulation Model ◽  
Transport System ◽  
Wind Wave ◽  
Supply Chain System ◽  
Chain System ◽  
Marine Vehicles ◽  
Marine Transport ◽  
The Impact ◽  
The City

Эксплуатация морского транспорта подвержена влиянию множества факторов, учет которого требует высокой трудоемкости. Как правило, моделирование морских транспортных систем, выступающих в роли связующего звена различных экономических процессов, производится на стадии предпроектной разработки. На этой стадии, помимо прочего, необходимо оценить влияние на проектируемую систему не только детерминированных, но и стохастических процессов. В данной работе описан алгоритм учета влияния ветро-волновых режимов морских участков на эксплуатацию морских транспортных судов. Данный алгоритм реализован на примере модели системы поставок сжиженного природного газа (СПГ) морским транспортом потребителям г. Мурманск. Научной новизной данной работы является комплексный подход к логико-математическому описанию эксплуатации морских транспортных средств. Этот подход включает в себя моделирование эксплуатации судна на базе агентного подхода, моделирование ветро-волновых режимов на основе анализа временных рядов и стохастических экспериментов и определение скорости движения судна на основе эмпирико-статистических формул расчета скорости судна и теории гидродинамики судна. В ходе выполнения данной работы была построена имитационная модель поставок СПГ в г. Мурманск морским транспортом. Результаты прогонов этой модели были верифицированы на основе технико-экономического обоснования АО «ЦНИИМФ». Алгоритм построения имитационной модели, описанный в данной работе, может быть применен для имитационного моделирования морских транспортных систем с различными целями функционирования. Marine transport operation is affected by a lot of factors taking into account of which requires a high laboriousness. In most cases modelling of marine transport operation as a link in various economic processes is performed at the pre-design development stage. By the way, evaluation of the impact of both deterministic and stochastic processes on the designed system is necessary at this stage. Evaluation of transport system efficiency based on pre-formed system of criteria is in progress at this stage. This paper describes an algorithm for modeling the operation of marine vessels taking into account wind-wave regime of sea areas. This algorithm is implemented by the model of liquified natural gas (LNG) supply chain system by marine transport to consumers of the city of Murmansk. Scientific novelty of this paper is a complex approach to logical-mathematical description of marine vehicles exploitation. This approach consists of agent-based simulation of vessel exploitation, modelling of wind-wave regimes by means of time series analysis and stochastic modelling and the speed determination of the vessel movement based on the empirical-statistical formulas for calculating the speed of the vessel and the theory of vessel hydrodynamics. During this research simulation model LNG supply chain system by marine transport to consumers of the city of Murmansk was developed. The results of the model have been verified by the feasibility study performed by CNIIMF JSC. The algorithm for constructing simulation model described in this paper could be implemented in modelling of marine transport system for various purposes.

scholarly journals Emergency Coordination Model of Fresh Agricultural Products’ Three-Level Supply Chain with Asymmetric Information

2016 ◽  
Vol 2016 ◽  
pp. 1-9 ◽  
Author(s):  
Juan Yang ◽  
Haorui Liu ◽  
Xuedou Yu ◽  
Fenghua Xiao
Keyword(s):  
Supply Chain ◽  
Asymmetric Information ◽  
Supply Chain Coordination ◽  
Wholesale Price ◽  
Nonlinear Function ◽  
Retail Price ◽  
Agricultural Products ◽  
Agricultural Product ◽  
Coordination Model ◽  
Emergency Events

In consideration of influence of loss, freshness, and secret retailer cost of products, how to handle emergency events during three-level supply chain is researched when market need is presumed to be a nonlinear function with retail price in fresh agricultural product market. Centralized and decentralized supply chain coordination models are studied based on asymmetric information. Optimal strategy of supply chain in dealing with retail price perturbation is caused by emergency events. The research reveals robustness for optimal production planning, wholesale price for distributors, wholesale price for retailers, and retail price of three-level supply chain about fresh agricultural products. The above four factors can keep constant within a certain perturbation of expectation costs for retailers because of emergency events; the conclusions are verified by numerical simulation. This paper also can be used for reference to the other related studies in how to coordinate the supply chain under asymmetric and punctual researches information response to disruptions.

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