Model of Asymmetric Cost Information Game among Multi-Supply Chains under Bertrand Competition Framework

In the context of two supply chains containing one manufacturer and one retailer, the problem of asymmetric cost information game between two supply chains was discussed under Bertrand competition framework. We find that on the one hand, as price sensitivity increases, the profit will increase first and then turn to decrease drastically; On the other hand, as intensity of price competition increases, the uncoordinated scenario is better than coordinated scenario.