Optimization of profit distribution method under multifactor in construction supply chain

Hongxiong, Yang; Sun, Xiongle; Liu, Weiming; Hao, Jinqing

doi:10.1080/09720502.2017.1382153

Cited by 6 publications

(7 citation statements)

References 2 publications

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“…As stated by many scholars, one of the limitations of the Shapley value is that it allocates profit based only to stakeholders' average marginal contribution to coalitions (Gao and Shi, 2010;Xu et al, 2014;Alahmari et al, 2017;Hu and Feng, 2017;Yang et al, 2017). Considering that stakeholders face difference risks and value-added contributions to the coalition, these factors must be considered in a fair profit allocation.…”

Section: Improving Profit Allocation Through the Fuzzy Shapley Value mentioning

confidence: 99%

Supply Chain Fair Profit Allocation Based on Risk and Value Added for Sugarcane Agro-industry

Asrol

Marimin

Machfud

et al. 2020

OSCM: An Int. Journal

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Profit allocation is the main critical problem in the supply chain. In agro-industry supply chain, establishing a fair and reasonable profit allocation has been more challenging due to the influence of uncertain factors. Cooperative game theory with the Shapley value has an opportunity to solve this problem given its appropriateness for the key goals of the supply chain. Fuzzy Shapley value was developed to accommodate uncertain stakeholders' payoff. In addition, uncertain risk and value added were considered for a reasonable profit allocation. This model succeeded in a case study of finding a fair profit allocation in the sugarcane agro-industry supply chain taking into account uncertain risk and value added. The model validation showed that sugarcane farmers, mills, and distributors achieved 35.38%, 30.11%, and 34.51% of profit share, respectively. Stakeholders achieved their profit share based on their marginal contribution, risk potential, and valueadded contribution, which may increase supply chain stability.

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Section: Improving Profit Allocation Through the Fuzzy Shapley Value mentioning

confidence: 99%

Supply Chain Fair Profit Allocation Based on Risk and Value Added for Sugarcane Agro-industry

Asrol

Marimin

Machfud

et al. 2020

OSCM: An Int. Journal

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“…Fugate and Sahin explored supply chain coordination mechanisms deeply including price, non-price, and flow coordination mechanisms and found that managers are more inclined to flow coordination mechanism than others [36]. Yang et al put forward a new model combining improved Shapley method and the TOPSIS method to solve single-factor and multiple-factor profit distribution [13]. Lin et al established an uncertain bi-level programming model based on multi-echelon supply chain solving their incentive mechanism and coordination [37].…”

Section: Construction Supply Chain Operation Decisions For Multi-echementioning

confidence: 99%

“…is the Shapley value of the alliance in which ψ i (v) represents the revenue of participants I as follows [13]…”

Section: Pure Cooperation Modelmentioning

confidence: 99%

“…Many researchers have conducted in-depth research on profit distribution of the supply chain in many industries, such as smart phone supply chain [6], industrial supply chain [7], charcoal commodity supply chain [8], etc. Under different supply chain research backgrounds, researchers consider different distribution elements, such as ability, contribution, investment, risk sharing, and so on [9,10], and they will adopt different profit distribution mechanisms, for instance, modified Shapley method, the TOPSIS method, game theory, and contract theory [11][12][13]. These studies are profound and enlightening.…”

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confidence: 99%

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Profit Distribution Model for Construction Supply Chain with Cap-and-Trade Policy

Jiang

2019

Sustainability

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Cap-and-trade has become one of the most widely used carbon emission limitation methods in the world. Its constraints have a great impact on the carbon emission reduction decisions and production operations of supply chain enterprises, as well as profit distribution. In the construction supply chain, there are few studies on the profit distribution and emission reduction decisions considering cap-and-trade policy. This paper investigates the profit distribution model of a two-echelon construction supply chain consisting of a general contractor and a subcontractor with cap-and-trade policy. Using game theory and Shapley value method, the optimal emission reduction decisions and profit distribution under three cooperation modes of pure competition, co-opetition, and pure cooperation are obtained, respectively. The research shows that the profits of the construction supply chain are increasing in pure competition, co-opetition, and pure cooperation scenarios, and the emission reduction amount of the construction supply chain in the case of pure cooperation is greater than that of pure competition and co-opetition. The carbon emission reduction amount under the co-opetition scenario is not always greater than that under the pure competition scenario, which depends on the emission reduction cost coefficient relationship of general contractor and subcontractor. When the cost coefficient of emission reduction of the general contractor is less than that of the subcontractor, the emission reduction amount under pure competition is larger than that under co-opetition. A numerical study is carried out to verify the conclusions and illustrated the profits of the supply chain decreased with the increase of carbon emission reduction cost coefficient, and had nothing to do with the emission reduction efficiency of enterprises.

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“…Jin and Yang [20] proposed a weighted Shapley value method reflecting the special properties on the field of building industrialization and proved its validity by examples. Yang et al [21] combined the improved Shapley value and the TOPSIS method to build single factor and multiple factors benefit allocation mechanism on account of risk correction factors and risk compensation value in the construction supply chain. Zhou et al [22] used the Choquet integral and Shapley index to propose intuitionistic fuzzy Shapley Choquet integral correlation coefficient and applied it in green sustainable supply chain choice.…”

Section: Introductionmentioning

confidence: 99%

Revenue Distribution of Hybrid Channel Supply Chain Based on Modified Shapley Value with Cost

Jiang

Zheng

2021

Discrete Dynamics in Nature and Society

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The reasonable distribution of revenue determines not only the coordination but also the development of supply chain. A hybrid channel supply chain model composed of manufacturer and traditional and online retailers was identified as the object of study, decision models under different cooperation modes were built, different revenues of supply chain members and overall were analyzed, satisfaction of characteristic function required by the Shapley value was proved, and the Shapley values of revenue distribution were calculated. In view of the shortcoming of the Shapley value method which takes contribution margin as the only consideration and ignores the impact of other factors such as cost on revenue distribution, the cost correction model was built by using production and sales cost to modify the traditional Shapley value; the reasonable distribution of individual benefits under the premise of maximizing the overall revenue of hybrid channel supply chain was realized.

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Optimization of profit distribution method under multifactor in construction supply chain

Cited by 6 publications

References 2 publications

Supply Chain Fair Profit Allocation Based on Risk and Value Added for Sugarcane Agro-industry

Supply Chain Fair Profit Allocation Based on Risk and Value Added for Sugarcane Agro-industry

Profit Distribution Model for Construction Supply Chain with Cap-and-Trade Policy

Revenue Distribution of Hybrid Channel Supply Chain Based on Modified Shapley Value with Cost

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