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Revenue sharing in the closed-loop supply chain: A new cooperative game theoretic approach

Being a newly arisen area of supply chain research, closed-loop supply chain has received growing interest. This paper considers an approach of revenue sharing for the whole members in the closed-loop supply chain. First, the coalition value which is created in the paper is a new cooperative game theoretic approach for revenue sharing. The approach is based on the weight value system and coalitions, and is applicable not only to the revenue sharing in the closed-loop supply chain, but also to almost all kinds of the revenue sharing. After that, an example of closed-loop supply chain is illustrated to explain the application of the coalition value.