Optimal decision methods in two-echelon logistic models

Junzo Watada, Thisana Waripan, Berlin Wu

Research output: Contribution to journalArticle

3 Citations (Scopus)

Abstract

Purpose - The purpose of this paper is to investigate optimal decision methods under a cooperative situation in two-echelon logistic models. Design/methodology/approach - The authors propose the optimal strategies of exporters in the three types of rival game behaviors: Stackelberg, Collusion, and Cournot, each of which provides the optimal decision for the duopolistic shippers and the oligopolistic forwarders in each scenario. Findings - From the empirical studies the paper finds that among three scenarios, the oligopolistic treatment of forwarders' actions demonstrates that Stackelberg behavior can carry out the maximum profit, and Collusion game can achieve the maximum profit for the shippers. Originality/value - Proposed an optimal decision methods in two-echelon logistic models.

Original languageEnglish
Pages (from-to)1273-1287
Number of pages15
JournalManagement Decision
Volume52
Issue number7
DOIs
Publication statusPublished - 2014 Aug 12
Externally publishedYes

Fingerprint

Logistic model
Profit
Collusion
Stackelberg
Scenarios
Cournot
Optimal strategy
Empirical study
Design methodology
Exporters

Keywords

  • Collusion
  • Cournot
  • Decision support systems
  • Management information
  • Optimal decision methods
  • Stackelberg
  • Two-echelon logistic models

ASJC Scopus subject areas

  • Business, Management and Accounting(all)
  • Management Science and Operations Research

Cite this

Optimal decision methods in two-echelon logistic models. / Watada, Junzo; Waripan, Thisana; Wu, Berlin.

In: Management Decision, Vol. 52, No. 7, 12.08.2014, p. 1273-1287.

Research output: Contribution to journalArticle

Watada, Junzo ; Waripan, Thisana ; Wu, Berlin. / Optimal decision methods in two-echelon logistic models. In: Management Decision. 2014 ; Vol. 52, No. 7. pp. 1273-1287.
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