|
Abstract
|
Article Information:
Profit Distribution of Agricultural Supply Chain Based on Shapley Value
Xiang-Yang Ren, Qiao-Qiao Feng, Shu Wang and Xue Wen
Corresponding Author: Xiang-Yang Ren
Submitted: May 17, 2013
Accepted: June 10, 2013
Published: March 05, 2015 |
Abstract:
|
The paper builds an agricultural supply chain and profit model between single farmer and single supermarket by following the game theory. On the basis of the economic purchasing quantity, it compares the profit difference between the cooperation and non-cooperation of the two parties. Study results demonstrate the profits for the whole supply chain are much bigger than that under non-cooperative circumstances when the two parties cooperate with the condition of negotiated purchasing quantity. An investment example using Shapley Value method is given to distribute the profit of each party under cooperation and prove the effectiveness of this method.
Key words: Agricultural supply chain, profit distribution, shapley value, , , ,
|
|
Abstract
|
PDF
|
HTML |
|
Cite this Reference:
Xiang-Yang Ren, Qiao-Qiao Feng, Shu Wang and Xue Wen, . Profit Distribution of Agricultural Supply Chain Based on Shapley Value. Advance Journal of Food Science and Technology, (7): 479-483.
|
|
|
|
 |
ISSN (Online): 2042-4876
ISSN (Print): 2042-4868 |
 |
| Information |
|
|
|
|
| Sales & Services |
|
|
|
|
