TY - JOUR AU - Dobos, Imre AU - Pintér, Miklós PY - 2013/01/01 Y2 - 2024/03/28 TI - Cooperation in an HMMS-type supply chain: A management application of cooperative game theory JF - Periodica Polytechnica Social and Management Sciences JA - Period. Polytech. Soc. Man. Sci. VL - 21 IS - 1 SE - DO - 10.3311/PPso.2156 UR - https://pp.bme.hu/so/article/view/2156 SP - 45-52 AB - We apply cooperative game theory concepts to analyze a Holt-Modigliani-Muth-Simon (HMMS) supply chain. The bullwhip effect in a two-stage supply chain (supplier-manufacturer) in the framework of the HMMS-model with quadratic cost functions is considered. It is assumed that both firms minimize their relevant costs, and two cases are examined: the supplier and the manufacturer minimize their relevant costs in a decentralized and in a centralized (cooperative) way. The question of how to share the savings of the decreased bullwhip effect in the centralized (cooperative) model is answered by the weighted Shapley value, by a transferable utility cooperative game theory tool, where the weights are for the exogenously given “bargaining powers” of the participants of the supply chain. ER -