A Two-Stage Auction Mechanism for 3PL Supplier Selection under Risk Aversion

The third party logistics (3PL) suppliers selection is a key issue in sustainable operation of fourth party logistics (4PL). A two-stage auction mechanism is designed for the selection of 3PL suppliers. Different from previous studies, the paper considers risk preference of 4PL integrators during th...

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Bibliographic Details
Main Authors: Fuqiang Lu, Hualing Bi, Wenjing Feng, Yanli Hu, Suxin Wang, Xu Zhang
Format: Article
Language:English
Published: MDPI AG 2021-08-01
Series:Sustainability
Subjects:
Online Access:https://www.mdpi.com/2071-1050/13/17/9745