Advertising and quality improving strategies in a supply chain when facing potential crises
In this paper, we consider a supply chain that faces a potential brand crisis, with one manufacturer deciding quality improvement and global advertising levels, and one retailer determining local advertising effort. The goodwill model proposed by Nerlove and Arrow (1962) is adopted here under the as...
| Authors: | , |
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| Format: | article |
| Status: | Versión aceptada para publicación |
| Publication Date: | 2021 |
| Country: | España |
| Institution: | Universidad de Barcelona |
| Repository: | Dipòsit Digital de la UB |
| OAI Identifier: | oai:diposit.ub.edu:2445/182636 |
| Online Access: | https://hdl.handle.net/2445/182636 |
| Access Level: | Open access |
| Keyword: | Publicitat Logística industrial Control de qualitat Màrqueting Càlcul diferencial Advertising Business logistics Quality control Marketing Differential calculus |
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Advertising and quality improving strategies in a supply chain when facing potential crisesLu, LijueNavas, JorgePublicitatLogística industrialControl de qualitatMàrquetingCàlcul diferencialAdvertisingBusiness logisticsQuality controlMarketingDifferential calculusIn this paper, we consider a supply chain that faces a potential brand crisis, with one manufacturer deciding quality improvement and global advertising levels, and one retailer determining local advertising effort. The goodwill model proposed by Nerlove and Arrow (1962) is adopted here under the assumption that when the crisis happens, the companies suffer a sharp decrease in the goodwill. We characterize the feedback Nash equilibrium, and then we compare the corresponding quality and advertising strategies and outcomes with those of the case where the potential crises are absent, and where the companies do not invest in quality.(...)Elsevier B.V.2021info:eu-repo/semantics/articleinfo:eu-repo/semantics/acceptedVersionapplication/pdfhttps://hdl.handle.net/2445/182636Articles publicats en revistes (Matemàtica Econòmica, Financera i Actuarial)reponame:Dipòsit Digital de la UBinstname:Universidad de BarcelonaInglésVersió postprint del document publicat a: https://doi.org/10.1016/j.ejor.2020.06.026European Journal of Operational Research, 2021, vol. 288, num. 3, p. 839-851https://doi.org/10.1016/j.ejor.2020.06.026cc-by-nc-nd (c) Elsevier B.V., 2021https://creativecommons.org/licenses/by-nc-nd/4.0/info:eu-repo/semantics/openAccessoai:diposit.ub.edu:2445/1826362026-05-27T06:46:51Z |
| dc.title.none.fl_str_mv |
Advertising and quality improving strategies in a supply chain when facing potential crises |
| title |
Advertising and quality improving strategies in a supply chain when facing potential crises |
| spellingShingle |
Advertising and quality improving strategies in a supply chain when facing potential crises Lu, Lijue Publicitat Logística industrial Control de qualitat Màrqueting Càlcul diferencial Advertising Business logistics Quality control Marketing Differential calculus |
| title_short |
Advertising and quality improving strategies in a supply chain when facing potential crises |
| title_full |
Advertising and quality improving strategies in a supply chain when facing potential crises |
| title_fullStr |
Advertising and quality improving strategies in a supply chain when facing potential crises |
| title_full_unstemmed |
Advertising and quality improving strategies in a supply chain when facing potential crises |
| title_sort |
Advertising and quality improving strategies in a supply chain when facing potential crises |
| dc.creator.none.fl_str_mv |
Lu, Lijue Navas, Jorge |
| author |
Lu, Lijue |
| author_facet |
Lu, Lijue Navas, Jorge |
| author_role |
author |
| author2 |
Navas, Jorge |
| author2_role |
author |
| dc.subject.none.fl_str_mv |
Publicitat Logística industrial Control de qualitat Màrqueting Càlcul diferencial Advertising Business logistics Quality control Marketing Differential calculus |
| topic |
Publicitat Logística industrial Control de qualitat Màrqueting Càlcul diferencial Advertising Business logistics Quality control Marketing Differential calculus |
| description |
In this paper, we consider a supply chain that faces a potential brand crisis, with one manufacturer deciding quality improvement and global advertising levels, and one retailer determining local advertising effort. The goodwill model proposed by Nerlove and Arrow (1962) is adopted here under the assumption that when the crisis happens, the companies suffer a sharp decrease in the goodwill. We characterize the feedback Nash equilibrium, and then we compare the corresponding quality and advertising strategies and outcomes with those of the case where the potential crises are absent, and where the companies do not invest in quality.(...) |
| publishDate |
2021 |
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2021 |
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info:eu-repo/semantics/article info:eu-repo/semantics/acceptedVersion |
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article |
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acceptedVersion |
| dc.identifier.none.fl_str_mv |
https://hdl.handle.net/2445/182636 |
| url |
https://hdl.handle.net/2445/182636 |
| dc.language.none.fl_str_mv |
Inglés |
| language_invalid_str_mv |
Inglés |
| dc.relation.none.fl_str_mv |
Versió postprint del document publicat a: https://doi.org/10.1016/j.ejor.2020.06.026 European Journal of Operational Research, 2021, vol. 288, num. 3, p. 839-851 https://doi.org/10.1016/j.ejor.2020.06.026 |
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cc-by-nc-nd (c) Elsevier B.V., 2021 https://creativecommons.org/licenses/by-nc-nd/4.0/ info:eu-repo/semantics/openAccess |
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cc-by-nc-nd (c) Elsevier B.V., 2021 https://creativecommons.org/licenses/by-nc-nd/4.0/ |
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openAccess |
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application/pdf |
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Elsevier B.V. |
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Elsevier B.V. |
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Articles publicats en revistes (Matemàtica Econòmica, Financera i Actuarial) reponame:Dipòsit Digital de la UB instname:Universidad de Barcelona |
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Universidad de Barcelona |
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Dipòsit Digital de la UB |
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Dipòsit Digital de la UB |
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1869406433395605504 |
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15,301629 |