Improved Weighted Shapley Value Model for the Fourth Party Logistics Supply Chain Coalition
How to make the individual get the reasonable and practical profit among the fourth party logistics supply chain coalition system is still a question for further study. Considering the characteristics of the fourth party logistics supply chain coalition, this paper combines Shapley Value with Distri...
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| Format: | Article |
| Language: | English |
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Wiley
2013-01-01
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| Series: | Journal of Control Science and Engineering |
| Online Access: | http://dx.doi.org/10.1155/2013/269398 |
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| _version_ | 1832560491557289984 |
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| author | Na Xu |
| author_facet | Na Xu |
| author_sort | Na Xu |
| collection | DOAJ |
| description | How to make the individual get the reasonable and practical profit among the fourth party logistics supply chain coalition system is still a question for further study. Considering the characteristics of the fourth party logistics supply chain coalition, this paper combines Shapley Value with Distribution according to Contribution, two methods in the application, and then adjusts the profit allocated to each member reasonably based on the actual coalition situation named improved weighted Shapley Value model. In this paper, we first analyze the fourth party logistics supply chain coalition profit allocation models, the classical Shapley value method. Then, we analyze the weight of individual enterprise in the coalition by the analytic hierarchy process. To each enterprise, the weight is determined by the investment risks, information divulging risks, and failure risks. Finally, the numerical study shows that the profit allocation method improved weighted Shapley value model is relatively rational and practical. Thus, the proposed combined model is a useful profit allocation mechanism for the fourth party logistics supply chain coalition that the contribution and risks are fully considered. |
| format | Article |
| id | doaj-art-caa7f7fa909f4d9b9e997f93be3f7d1a |
| institution | Kabale University |
| issn | 1687-5249 1687-5257 |
| language | English |
| publishDate | 2013-01-01 |
| publisher | Wiley |
| record_format | Article |
| series | Journal of Control Science and Engineering |
| spelling | doaj-art-caa7f7fa909f4d9b9e997f93be3f7d1a2025-02-03T01:27:29ZengWileyJournal of Control Science and Engineering1687-52491687-52572013-01-01201310.1155/2013/269398269398Improved Weighted Shapley Value Model for the Fourth Party Logistics Supply Chain CoalitionNa Xu0School of Business, Shandong Jianzhu University, Jinan, Shandong 250101, ChinaHow to make the individual get the reasonable and practical profit among the fourth party logistics supply chain coalition system is still a question for further study. Considering the characteristics of the fourth party logistics supply chain coalition, this paper combines Shapley Value with Distribution according to Contribution, two methods in the application, and then adjusts the profit allocated to each member reasonably based on the actual coalition situation named improved weighted Shapley Value model. In this paper, we first analyze the fourth party logistics supply chain coalition profit allocation models, the classical Shapley value method. Then, we analyze the weight of individual enterprise in the coalition by the analytic hierarchy process. To each enterprise, the weight is determined by the investment risks, information divulging risks, and failure risks. Finally, the numerical study shows that the profit allocation method improved weighted Shapley value model is relatively rational and practical. Thus, the proposed combined model is a useful profit allocation mechanism for the fourth party logistics supply chain coalition that the contribution and risks are fully considered.http://dx.doi.org/10.1155/2013/269398 |
| spellingShingle | Na Xu Improved Weighted Shapley Value Model for the Fourth Party Logistics Supply Chain Coalition Journal of Control Science and Engineering |
| title | Improved Weighted Shapley Value Model for the Fourth Party Logistics Supply Chain Coalition |
| title_full | Improved Weighted Shapley Value Model for the Fourth Party Logistics Supply Chain Coalition |
| title_fullStr | Improved Weighted Shapley Value Model for the Fourth Party Logistics Supply Chain Coalition |
| title_full_unstemmed | Improved Weighted Shapley Value Model for the Fourth Party Logistics Supply Chain Coalition |
| title_short | Improved Weighted Shapley Value Model for the Fourth Party Logistics Supply Chain Coalition |
| title_sort | improved weighted shapley value model for the fourth party logistics supply chain coalition |
| url | http://dx.doi.org/10.1155/2013/269398 |
| work_keys_str_mv | AT naxu improvedweightedshapleyvaluemodelforthefourthpartylogisticssupplychaincoalition |