Thispaper focusesonthe game evolution process and its influencing factors of financial risk cooperation behavior between suppliers\nandmanufacturers in global supply chain system.Using two-population evolutionary game theory, the performance of supply chain\nmembers under financial risk environment is modeled. Further, the proposed financial risk game model is applied to simulation\ncases of global supply chain. Based on the theory analysis and simulation results, it is shown that the cooperation strategy is the\noptimal evolutionarily stable strategy (ESS) for all supply chain members, when facing the high financial risk. The financial risksharing\ncoefficient can be regarded as an adjuster that affects risk ESS of both suppliers and manufacturers under the low financial\nrisk setting. By reducing the financial risk-sharing ratio of one supply chain player, his intention of adopting cooperation strategy\nwould be enhanced. Finally, it is observed that financial risk sharing approach may lead to the alignment among supply chain\nmembers. Therefore, setting up an effective financial risk-sharing mechanism is beneficial to realize sustainable development of\nglobal supply chain.
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