Research on digital logistics parks' horizontal cooperation with Cloud platform: from the perspective of tripartite evolutionary game
Yan Feng,
Xingjian Zhou,
Lihua Cai and
Jinshan Dai
International Journal of Networking and Virtual Organisations, 2022, vol. 27, issue 1, 40-60
Abstract:
To meet the massive and emergent logistics demand, learning from Europe and the USA, a cooperation mechanism can form a gathered and scaled logistics park network. Based on the current practice in China, the logistics Cloud platform makes the cooperation from a horizontal perspective possible. A tripartite evolutionary game model consisting of one logistics Cloud platform and two digital logistics parks is proposed. The platform has strategy {compensating, no compensating}, and the parks have strategy {sharing, no sharing}. The revenue function of each party is constructed, applying dynamic replication function based on stag hunt game; all equilibrium points are found. With Jacobi matrix, two asymptotically stable strategies are formed. The study shows that the three game players either choose sharing/compensating or no sharing/no compensating strategy. The strategy is affected by the sharing/compensating probability, the compensation and opportunity cost, and the order loss. The managerial insights are also discussed.
Keywords: digital logistics parks; logistics Cloud platform; resource sharing; horizontal cooperation; evolutionary game. (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijnvor:v:27:y:2022:i:1:p:40-60
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