Study on finding expected share for logistics companies in a cooperative transport system

Dong Yang, Michiyasu Odani

Research output: Chapter in book / Conference proceedingConference article published in proceeding or bookAcademic researchpeer-review

2 Citations (Scopus)

Abstract

On basis of clarifying the feasibility and importance of developing cooperative freight transport operation, this paper attempts to show the optimal expected payoff for the companies which involve in a suitable form of cooperative strategy named joint-delivery. For obtaining the result, first, a location mathematic model is designed according to the characteristic of joint-delivery to calculate the optimal payoff for the whole alliance. Then pieces of expected shares are allocated to each partner company by using the Shapely Value which comes from cooperative game theory. At last an illustrative example is shown to demonstrate these theories.
Original languageEnglish
Title of host publicationProceedings of the Fifth International Conference on Traffic and Transportation Studies, ICTTS 2006
Pages134-145
Number of pages12
Publication statusPublished - 1 Dec 2006
Externally publishedYes
Event5th International Conference on Traffic and Transportation Studies, ICTTS - Xi'an, China
Duration: 2 Aug 20064 Aug 2006

Conference

Conference5th International Conference on Traffic and Transportation Studies, ICTTS
Country/TerritoryChina
CityXi'an
Period2/08/064/08/06

Keywords

  • Game theory
  • Joint-delivery
  • Location problem
  • Shapely value

ASJC Scopus subject areas

  • Mechanical Engineering

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