A Hierarchical Innovation-Related Crowdsourcing Decision in Fast Fashion Industry

Jizi Li, Yueqing Bian, Chunling Liu and Doudou Wu

Mathematical Problems in Engineering, 2020, vol. 2020, 1-15

Abstract:

Due to scarcity of designers in fast fashion industry and proliferation of the Internet, small- and medium-sized garment makers have gradually turned to external designers to enhance their innovation efficiency via crowdsourcing initiative. However, few have investigated the issue of fast fashion customized-design matching decision in the crowdsourcing context. Different from previous works, we split crowdsourcing matching decision process into three hierarchical submodels in terms of three key factors, namely, surplus, due date, and goodwill. From a dynamic perspective, we first develop a two-sided matching model where garment makers and online designers select one another by maximizing their total surpluses with an aim to reach robust final pairs and derive the corresponding conditions under which the optimal pairs can be obtained. Then, the extensions of the matching model are conducted by incorporating the critical factors of due date and garment makers’ goodwill, respectively. Followed by that, an improved Gale–Shapley algorithm is devised to solve the crowdsourcing matching problems. The results illustrate when garment makers exceed online designers in number, crowdsourcing design tasks without due-date constraint are more attractive for designers’ participation than those with due-date constraint, and garment makers intend to share the incremental surpluses with designers to maximize the total surpluses. By contrast, when online designers surpass garment makers in number, designers prefer due-date design tasks to those without it. In addition, regardless of whether under the irregular or regular case, the model with goodwill concern always outperforms the two others. Moreover, celebrated garment makers are invited to post design tasks, thus enabling to entice more designers’ engagement in crowdsourcing activities, which in turn facilitating to transfer myopic designers to strategic ones. Finally, sensitivity analysis further verifies the models are stable and robust.

Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:hin:jnlmpe:9424132

DOI: 10.1155/2020/9424132

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