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Supply chain ethics and transparency: An agent-based model approach with Q-learning agents

  • Sungkyunkwan University

Research output: Contribution to journalArticlepeer-review

Abstract

This study examines suppliers' decision making regarding supply chain ethics and transparency using an agent-based model with Q-learning agents. A supplier may not accurately identify the demand for its product because the impact of supply chain ethics on the market is opaque. Thus, we define each supplier as a Q-learning agent that learns via an iterative game process. Our simulation results show that suppliers maintain low levels of ethics and transparency, which is a collusion behavior. Several suppliers deviate from collusion, but most of the suppliers collude to manage the supply chain unethically and opaquely.

Original languageEnglish
Pages (from-to)3331-3337
Number of pages7
JournalManagerial and Decision Economics
Volume43
Issue number8
DOIs
StatePublished - Dec 2022

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