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Evolutionary Dynamics of an Asymmetric Game Between a Supplier and a Retailer

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Advances in Natural Computation (ICNC 2006)

Part of the book series: Lecture Notes in Computer Science ((LNTCS,volume 4222))

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Abstract

There are restrictions of complete rationality and information symmetry, which is difficult to work in reality, in the traditional game theory. However, the evolutionary game theory, based on bounded rationality, can compensate these defects. In this paper, we set up an asymmetric model of the evolutionary game between a supplier and a retailer with asymmetric information. The evolutionary stable strategies and their premises were obtained with the replicator dynamics mechanism. The analysis in this paper has significance of explanation and direction for the supply chain management.

This work is supported by the NSFC under the project 60374023.

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Author information

Authors and Affiliations

  1. Institute of Systems Engineering, South China University of Tech., Guangzhou, 510640, China

    Zhou Min & Deng Fei-qi

Authors
  1. Zhou Min
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  2. Deng Fei-qi
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Editor information

Editors and Affiliations

  1. Life Science Research Center, School of Electronic Engineering, Xidian University, 710071, Xi’an, Shaanxi, China

    Licheng Jiao

  2. School of Electrical and Electronic Engineering, Nanyang Technological University, Block S1, Nanyang Avenue, 639798, Singapore

    Lipo Wang

  3. School of Electronic Engineering, Xidian Univ., P.O. Box, 710071, Xi’an, P.R. China

    Xinbo Gao

  4. College of Mathematics and Information Science, Hebei Normal University, 050016, Shijiazhuang, Hebei, P.R. China

    Jing Liu

  5. Multi-Agent Systems Lab,Department of Computer Science, University of Science and Technology of China, 230026, Hefei, China

    Feng Wu

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© 2006 Springer-Verlag Berlin Heidelberg

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Min, Z., Fei-qi, D. (2006). Evolutionary Dynamics of an Asymmetric Game Between a Supplier and a Retailer. In: Jiao, L., Wang, L., Gao, X., Liu, J., Wu, F. (eds) Advances in Natural Computation. ICNC 2006. Lecture Notes in Computer Science, vol 4222. Springer, Berlin, Heidelberg. https://doi.org/10.1007/11881223_57

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  • DOI: https://doi.org/10.1007/11881223_57

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-540-45907-1

  • Online ISBN: 978-3-540-45909-5

  • eBook Packages: Computer ScienceComputer Science (R0)

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