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Equilibrium pricing and lead time decisions in a competitive industry

dc.citation.epage595en_US
dc.citation.issue2en_US
dc.citation.spage586en_US
dc.citation.volume139en_US
dc.citation.woscount1
dc.contributor.authorHong, I-Hsuanen_US
dc.contributor.authorHsu, Hsi-Meien_US
dc.contributor.authorWu, Yi-Muen_US
dc.contributor.authorYeh, Chun-Shaoen_US
dc.contributor.department工業工程與管理學系zh_TW
dc.contributor.departmentDepartment of Industrial Engineering and Managementen_US
dc.date.accessioned2014-12-08T15:24:13Z
dc.date.available2014-12-08T15:24:13Z
dc.date.issued2012-10-01en_US
dc.description.abstractPricing and lead time are two crucial decisions to a success in today's competitive markets. This paper examines the equilibrium pricing and lead time decisions in a duopoly industry consisting of two large and several smaller firms with competition. We solve the sufficient Karush-Kuhn-Tucker (KKT) optimality conditions for the Nash equilibrium solution. We characterize the existence and uniqueness of the Nash equilibrium solution of pricing and lead time decisions for both homogenous and heterogeneous firms. Our case study provides important managerial insights about firms' behavior under price and lead time competition in a semiconductor manufacturing industry. (c) 2012 Elsevier B.V. All rights reserved.en_US
dc.identifier.doi10.1016/j.ijpe.2012.05.033en_US
dc.identifier.issn0925-5273en_US
dc.identifier.journalINTERNATIONAL JOURNAL OF PRODUCTION ECONOMICSen_US
dc.identifier.urihttp://dx.doi.org/10.1016/j.ijpe.2012.05.033en_US
dc.identifier.urihttps://ir.lib.nycu.edu.tw/handle/11536/16816
dc.identifier.wosnumberWOS:000308449200021
dc.language.isoen_USen_US
dc.subjectPrice competitionen_US
dc.subjectLead time competitionen_US
dc.subjectNash equilibriumen_US
dc.titleEquilibrium pricing and lead time decisions in a competitive industryen_US
dc.typeArticleen_US

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