Supplier-manufacturer collaboration on new product development

In this chapter, we develop a dynamic model of collaboration between a manufacturer and its supplier, where the fundamental issue is, for each player, how to allocate own resources between improving an existing product and developing a new one. We study the optimal time path of effort allocation for each player in a noncooperative setting, and then look into the cooperative setting.We finally conduct a numerical analysis and observe how the optimal dynamics of key variables change as parameters of the game vary.
Publisher
Birkhauser
Issue Date
2007-11
Language
ENG
Citation

ADVANCES IN DYNAMIC GAME THEORY, v.9, pp.527 - 545

Series/Report no.
Annals of the International Society of Dynamic Games; Vol.9.
URI
http://hdl.handle.net/10203/4072
Appears in Collection
MT-Journal Papers(저널논문)
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