论文部分内容阅读
站在中小供应商视角,首次尝试将保理融资考虑进数量折扣契约,探讨价格敏感性需求环境中的契约协调问题。模型以供应商、制造商、银行利润上涨为目标建立,主体间的博弈假设信息完全,采用逆推归纳法分析。研究发现:模型的解存在,任一折扣率,都存在唯一对应的折扣点和批量生产/采购倍数,说明供应商、制造商、银行都能实现利润上涨;对供应商来说,保理融资的成本远远低于因提前获得资本带来的收益;当需求具有价格敏感性时,供应商采取保理融资和数量折扣相结合的策略能增大需求量、确保帕累托最优交易、同时增大交易额、盘活应收账款。
From the perspective of small and medium-sized suppliers, the first attempt to factor the financing into the discount discounts deals with the issue of contract coordination in a price-sensitive environment. Model to suppliers, manufacturers, banks profit target for the establishment of the game between the main assumption that the information is completely reverse regression inductive analysis. The results show that there are only corresponding discount points and mass production / purchase multiples for the existence of the model and any discount rate, which shows that the suppliers, manufacturers and banks can all achieve profits. For suppliers, factoring financing Is far less than the cost of obtaining capital in advance; when the demand is price-sensitive, the strategy of combining the factor financing and the quantity discount can increase the demand of the suppliers and ensure the optimal trading of Pareto, At the same time increase transaction volume, revitalize accounts receivable.