A novel cooperative game-based method to coordinate a sustainable supply chain under psychological uncertainty in fairness concerns

Zhi Liu, Xiao-Xue Zheng, Deng-Feng Li, Chen-Nan Liao and Jiuh-Biing Sheu

Transportation Research Part E: Logistics and Transportation Review, 2021, vol. 147, issue C

Abstract: This paper investigates how retailers’ fairness concerns affect cooperative relationships in a three-party sustainable supply chain (TSSC) and how to coordinate such a supply chain when the degree of fairness concern is treated as an interval. Utilizing the Nash equilibrium strategy, this study seeks equilibrium solutions and profits under five non-cooperative and cooperative models and reveals that fairness concerns indeed affect members’ decisions and their cooperation for sustainable supply chain management. Furthermore, we develop a novel coordination method by incorporating the interval-valued least square pre-nucleolus (IVLSPN) approach and the three-party Nash bargaining game model to perfectly coordinate this TSSC.

Keywords: Sustainable supply chain management; Cooperative game; Psychological uncertainty; Profit allocation; Nash bargaining game (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (15)

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DOI: 10.1016/j.tre.2021.102237

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