林浆纸供应链协同决策的三阶段期权博弈模型

王虹; 张智光

doi:10.3969/j.issn.1000-2006.2013.05.018

王虹,张智光*

南京林业大学学报（自然科学版） ›› 2013, Vol. 37 ›› Issue (05) : 91-96.

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南京林业大学学报（自然科学版） ›› 2013, Vol. 37 ›› Issue (05) : 91-96. DOI: 10.3969/j.issn.1000-2006.2013.05.018

研究论文

林浆纸供应链协同决策的三阶段期权博弈模型

王虹,张智光*

作者信息 +

Threestage real options game model for pulp and paper supply chain coordination

WANG Hong, ZHANG Zhiguang*

Author information +

文章历史 +

摘要

在林浆纸供应链的发展中，营林企业与制浆造纸企业的紧密合作是实现供应链稳定的关键。笔者在考虑林浆纸供应链特征的基础上，采用实物期权理论构建营林企业与制浆造纸企业的Stackelberg期权博弈模型，并对营林企业期权定价决策、制浆造纸企业的期权购买决策和执行决策进行探讨。研究表明，实物期权契约可以保证制浆造纸企业的原料供应，同时在一定程度上也能降低营林企业的风险，增加营林企业的利润。

Abstract

With the development of pulp and paper supply chain, the close cooperation between the forest company and the pulp and paper company is the key factor for the stability of supply chain. Under consideration of the characteristics of pulp and paper supply chain, this paper proposed a stackelberg real options game model based on the real options theory. The options pricing decisions of the forest company and the reservations and execution number decisions of the pulp and paper company were analyzed. Studies show that the real options contract can ensure the supply of raw materials for the pulp and paper company. And it can reduce the risk of the forest company and increase the profit of the forest company.

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王虹,张智光*. 林浆纸供应链协同决策的三阶段期权博弈模型[J]. 南京林业大学学报（自然科学版）. 2013, 37(05): 91-96 https://doi.org/10.3969/j.issn.1000-2006.2013.05.018

WANG Hong, ZHANG Zhiguang*. Threestage real options game model for pulp and paper supply chain coordination[J]. JOURNAL OF NANJING FORESTRY UNIVERSITY. 2013, 37(05): 91-96 https://doi.org/10.3969/j.issn.1000-2006.2013.05.018

中图分类号： F272.3

参考文献

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基金

收稿日期：2011-11-25修回日期：2012-09-08 基金项目：国家自然科学基金项目（70873059）；“十一五”国家科技支撑计划（2006BAD32B08）；江苏省教育厅高校哲学社会科学基金项目（2011SJB630033）；江苏省博士后科研资助计划项目（1101105C）；中国博士后科学基金（2011M500932）第一作者：王虹，讲师，博士。 *通信作者：张智光，教授。Email：zzg@njfu.com.cn。引文格式：王虹,张智光. 林浆纸供应链协同决策的三阶段期权博弈模型[J]. 南京林业大学学报：自然科学版，2013，37（5）：91-96.