Analysis of Complex Dynamics in Different Bargaining Systems

This paper focuses on the bargaining behavior of supply chain members and studies the stability of the bargaining system. There are two forms of bargaining in the process of negotiation. One is separate bargaining, and the other is that the automobile manufacturers form an alliance and bargain with...

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Main Authors: Xiaogang Ma, Chunyu Bao, Lin Su
Format: Article
Language:English
Published: Wiley 2020-01-01
Series:Complexity
Online Access:http://dx.doi.org/10.1155/2020/8406749
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author Xiaogang Ma
Chunyu Bao
Lin Su
author_facet Xiaogang Ma
Chunyu Bao
Lin Su
author_sort Xiaogang Ma
collection DOAJ
description This paper focuses on the bargaining behavior of supply chain members and studies the stability of the bargaining system. There are two forms of bargaining in the process of negotiation. One is separate bargaining, and the other is that the automobile manufacturers form an alliance and bargain with the supplier collectively. We explore the influence of bargaining power and adjustment speed on the stability of the dynamic system and find that both of the factors need to be small to maintain the stability of the supply chain. After comparing the two forms of bargaining in terms of profits and stable regions, we find that the collective bargaining is a pattern with the existence of risk and benefit simultaneously. In order to control chaos in collective bargaining to lower the risk, we adopt the delay feedback control method. With the introduction of the control factor, the system tends to be stable finally.
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institution Kabale University
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publishDate 2020-01-01
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series Complexity
spelling doaj-art-93591b8276c84ee5977f7012b13a5b272025-02-03T00:58:57ZengWileyComplexity1076-27871099-05262020-01-01202010.1155/2020/84067498406749Analysis of Complex Dynamics in Different Bargaining SystemsXiaogang Ma0Chunyu Bao1Lin Su2School of Management, Wuhan Textile University, Hubei 430200, ChinaSchool of Management, Wuhan Textile University, Hubei 430200, ChinaSchool of Foreign Languages, Shandong Yingcai University, Shandong 250104, ChinaThis paper focuses on the bargaining behavior of supply chain members and studies the stability of the bargaining system. There are two forms of bargaining in the process of negotiation. One is separate bargaining, and the other is that the automobile manufacturers form an alliance and bargain with the supplier collectively. We explore the influence of bargaining power and adjustment speed on the stability of the dynamic system and find that both of the factors need to be small to maintain the stability of the supply chain. After comparing the two forms of bargaining in terms of profits and stable regions, we find that the collective bargaining is a pattern with the existence of risk and benefit simultaneously. In order to control chaos in collective bargaining to lower the risk, we adopt the delay feedback control method. With the introduction of the control factor, the system tends to be stable finally.http://dx.doi.org/10.1155/2020/8406749
spellingShingle Xiaogang Ma
Chunyu Bao
Lin Su
Analysis of Complex Dynamics in Different Bargaining Systems
Complexity
title Analysis of Complex Dynamics in Different Bargaining Systems
title_full Analysis of Complex Dynamics in Different Bargaining Systems
title_fullStr Analysis of Complex Dynamics in Different Bargaining Systems
title_full_unstemmed Analysis of Complex Dynamics in Different Bargaining Systems
title_short Analysis of Complex Dynamics in Different Bargaining Systems
title_sort analysis of complex dynamics in different bargaining systems
url http://dx.doi.org/10.1155/2020/8406749
work_keys_str_mv AT xiaogangma analysisofcomplexdynamicsindifferentbargainingsystems
AT chunyubao analysisofcomplexdynamicsindifferentbargainingsystems
AT linsu analysisofcomplexdynamicsindifferentbargainingsystems