Managing supply chain disruption risks: a game-theoretical approach

Konstantinos Papapanagiotou and Dimitrios Vlachos

International Journal of Mathematics in Operational Research, 2012, vol. 4, issue 5, 515-530

Abstract: The evolution of Supply Chain Networks (SCN) increases risk exposure and vulnerability, making resilience against disruptions a necessity. Several efforts have been made to improve our understanding of Supply Chain Risk Management (SCRM). However, only a few study the supply chain decisions' interdependencies. Supply chain partners could be seen as players in a game defined by various objectives, resources, demands and risks. Game theory provides solid background for system modelling, suitable to analyse these interactions. This paper reviews game theoretical approaches to SCRM and studies the disruption effect on a supply chain consisting of a supplier and a retailer.

Keywords: SCRM; supply chain risks; risk management; risk sharing; game theory; supply chain disruption; supply chain management; SCM; supply chain networks; supply chain resilience; modelling. (search for similar items in EconPapers)
Date: 2012
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.inderscience.com/link.php?id=48929 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ids:ijmore:v:4:y:2012:i:5:p:515-530

Access Statistics for this article

More articles in International Journal of Mathematics in Operational Research from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().