Dynamic Pricing and Logistics Service Decisions for Crowd Logistics Platforms with Social Delivery Capacity

Author:

Wu Daqing12ORCID,Cheng Junyang1ORCID

Affiliation:

1. College of Economics and Management, Shanghai Ocean University, Shanghai 201306, China

2. Nanchang Institute of Technology, Economic and Technological Development Zone, 901 Yingxiong Road, Nanchang 330044, China

Abstract

With the development of sharing economy, more and more enterprises choose crowd logistics for distribution. Because the crowd logistics platform uses social freelancers, the service quality is difficult to guarantee. Considering the reward-penalty mechanism, dynamic differential game models are constructed to study the optimal pricing and quality of crowd logistics services under stochastic demand based on the optimal control theory and Pontryagin maximum principle. The numerical simulation results show that the optimal dynamic decisions change with the fluctuation of demand dynamically. Furthermore, the platform needs to adjust the value of the reward-penalty factor to ensure the level of service quality and revenue in different situations.

Funder

Ministry of Education of the People's Republic of China

Publisher

Hindawi Limited

Subject

General Engineering,General Mathematics

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