Financing Strategy for a Dual-channel Supply Chain that Faces Loss-averse Retailers and Stochastic Demands
We investigates supply chain financing strategies under stochastic demand, incorporating loss-averse behaviors of capital-constrained retailers. Utilizing a Stackelberg game framework, we develop two financing models: trade credit and bank credit. Through equilibrium analysis of dual-channel supply chain operations, we derive optimal decision-making rules. Numerical simulations further quantify how the retailer’s loss aversion coefficient and initial capital jointly influence operational strategies and financing choices, providing actionable insights for risk management and resource allocation.
May 30, 2023
