Supply chain contracting with product substitution and partial vertical integration
Bibliographic record
Abstract
Retailers stock products from competing manufacturers and a stockout of one product may cause a proportion of unsatisfied demand to be transferred to another good. Depending on the market power of the retailer, consumer demand may be at constant prices or represented by downward sloping demand curves. Retail inventory may be managed by the retailer (RMI) or by the vendor (VMI). These possibilities are considered for various supply chain configurations including independent suppliers and a vertically integrated ‘store brand’. The results are compared with theoretical and empirical findings from the literature. We find that the choice of supply chain structure and the type of integration selected by the retailer have a significant impact on the overall performance of the supply chain. Retailers prefer VMI and suppliers would prefer RMI as it maximises their own profit. In this context, it is important to recognise the significant agency costs associated with these supply chains.
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How this classification was reachedexpand
Full frame machine prediction
Teacher imitationNot calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.
Distilled classifier scores by category (both heads)
| Category | Codex | Gemma |
|---|---|---|
| Metaresearch | 0.005 | 0.009 |
| Meta-epidemiology (narrow) | 0.001 | 0.001 |
| Meta-epidemiology (broad) | 0.002 | 0.002 |
| Bibliometrics | 0.001 | 0.004 |
| Science and technology studies | 0.002 | 0.004 |
| Scholarly communication | 0.003 | 0.005 |
| Open science | 0.001 | 0.004 |
| Research integrity | 0.002 | 0.002 |
| Insufficient payload (model declined to judge) | 0.028 | 0.002 |
Machine scores (provisional)
The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.
Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.
score_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from itClassification
machine, unvalidatedMachine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.
How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".