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ATAL
2006
Springer

Market Efficiency, Sales Competition, and the Bullwhip Effect in the TAC SCM Tournaments

13 years 7 months ago
Market Efficiency, Sales Competition, and the Bullwhip Effect in the TAC SCM Tournaments
The TAC SCM tournament is moving into its fourth year. In an effort to track agent progress, we present a benchmark market efficiency comparison for the tournament, in addition to prior measures of agent competency through customer bidding. Using these benchmarks we find statistically significant increases in intratournament market efficiency, whereas agents are generally decreasing in manufacturer market power. We find that agent market share and bid efficiency have increased while the variance of average sales prices has been significantly reduced. Additionally, we test for a statistical relationship between agent profits and the bullwhip effect.
Patrick R. Jordan, Christopher Kiekintveld, Jason
Added 20 Aug 2010
Updated 20 Aug 2010
Type Conference
Year 2006
Where ATAL
Authors Patrick R. Jordan, Christopher Kiekintveld, Jason Miller, Michael P. Wellman
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