A Review of Logistics Pricing Research Based on Game Theory

Ji-li, Kong; Chen, Ziyu; Li, Xiaoping

doi:10.3390/su141710520

Cited by 3 publications

(1 citation statement)

References 78 publications

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“…A focused analysis on game theory in relation to logistics costs was conducted [7], revealing that the promotion of logistics services leads to greater financial profitability due to the efficiencies introduced by logistics operations. Furthermore, a systematic review of empirical pricing methods in logistics within the framework of game theory was undertaken [8]. This research centered on the pricing of logistics services, employing content analysis and bibliometric methods to explore the application of game theory in this sector.…”

Section: Literature Reviewmentioning

confidence: 99%

Strategic Application of Cooperative Game Theory in Mitigating Labor Shortages in Post-Pandemic Logistics: A Case Study of Poland

Munyeshuri,

Song,

Akoko

et al. 2023

JOSA

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The onset of the global pandemic has underscored the pivotal role of logistics, bolstered by information and communication technologies, in the resilience of supply chain networks. This study investigates the transformative impact of the COVID-19 pandemic on these networks, with a focus on the resultant operational challenges and labor shortages experienced in Poland -a critical hub in European supply chains. The research delves into how cooperative game theory can be strategically applied to address workforce deficits, particularly in sectors vital to Poland's economy, such as food and healthcare. In the context of reduced operations triggered by illness, fatalities, and preventive measures, including travel restrictions, this study elucidates the operational dynamics within supply chain networks through game theory frameworks. It scrutinizes the strategies implemented by major corporations, including Amazon, DHL, Post Office, KFC, and McDonald's, to navigate these challenges. The methodology encompasses an analysis of the network structure of supply chain game theory, tailored to the operational confines of Poland's logistics sector, acknowledging its role as Europe's breadbasket. The findings reveal various approaches to counteract labor shortages exacerbated by the pandemic, drawing parallels with similar challenges in regions like Africa, Asia, Ukraine, Turkey, and India. The study highlights the diverse impacts of workforce disruptions on commodity prices and the revenues of logistics companies within the supply network economy. These insights contribute to a broader understanding of the financial and operational implications of cooperative game theory in the context of global health emergencies. Conclusively, this research augments existing literature by demonstrating the applicability of cooperative game theory in addressing labor shortages under pandemic-induced constraints. It presents a comprehensive analysis of the strategies employed by key players in the logistics sector, offering valuable perspectives on mitigating operational disruptions in times of crisis.

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Section: Literature Reviewmentioning

confidence: 99%

Strategic Application of Cooperative Game Theory in Mitigating Labor Shortages in Post-Pandemic Logistics: A Case Study of Poland

Munyeshuri,

Song,

Akoko

et al. 2023

JOSA

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Data Trust in Logistics: Price Prediction for Collaboration

Kober,

Koch,

Gaunitz

et al. 2023

2023 14th International Conference on Information &Amp; Communication Technology and System (ICTS)

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A Literature Review of Railway Pricing Based on Revenue Management

et al. 2023

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In recent decades, railway passenger transport enterprises have been exploring numerous operation and management strategies to improve service quality and market competitiveness of railway passenger transport so as to ensure that the interests of railway passenger transport enterprises are maximized when taking social welfare into account. However, there are still shortcomings in the current research with respect to determining the pricing mechanism and formulating a reasonable price. This paper systematically reviews the scientific literature related to railway pricing, focusing on the application of basic price methods, mathematical programming methods, and data-driven methods in railway pricing, with the hope of proposing an innovative direction to solve existing problems. The main subjects involved in the formulation of railway pricing are passenger groups and transportation companies. The research can be conducted from four broad aspects: passenger demand, passenger time value, market segmentation, and the equilibrium relationship between rail service supply and passenger demand. On the basis of absorbing and summarizing the strengths and weaknesses of previous studies, this paper puts forward suggestions for improvement and innovative directions which will help promote railway passenger transport services from the perspective of pricing, thereby enhancing the sustainability of railway transport.

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A Review of Logistics Pricing Research Based on Game Theory

Cited by 3 publications

References 78 publications

Strategic Application of Cooperative Game Theory in Mitigating Labor Shortages in Post-Pandemic Logistics: A Case Study of Poland

Strategic Application of Cooperative Game Theory in Mitigating Labor Shortages in Post-Pandemic Logistics: A Case Study of Poland

Data Trust in Logistics: Price Prediction for Collaboration

A Literature Review of Railway Pricing Based on Revenue Management

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