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A cooperative game approach applied to the furniture supply chain of clusters for improving its competitive value: a case study

Ram´ırez-Rios D. G., Puello-Pereira N., Ferro-Correa J., Sankar-Sana S.

Control and Cybernetics

2016

Vol. 45, no. 1

95--110

The paper studies a cooperative game, which is being played among the ﬁrms, involved in furniture industries, belonging to the same cluster. Due to the increased competition at the local and global levels, cooperation among the business entities is practically the only way to survive in the cluster. Consequently, a cooperative game model is proposed for the ﬁrms, associated in a vertical channel, where its performance indices are measured by one of its indicators of competitiveness at an entrepreneurial level versus the value of the cluster itself. As a case study, a competitive value analysis is done for the Colombian furniture cluster by indicating the characteristics and existing conditions of the cluster in the department of Atlantico in Colombia. Moreover, this paper analyzes and establishes an optimal feasible solution of cooperative game among the principal ﬁrms using Shapley value method.