How does the trust affect the topology of supply chain network and its resilience? An agent-based approach

This paper builds a dynamic supply chain network, where firms can select suppliers according to the trust, the selling price or just randomly. Simulation results show that the trust-based rule can significantly increase the aggregated working capital and decrease firm's likelihoods of bankruptcy. Moreover, firms' sizes under trust-based and price-based rules follow power-law distributions. The degree distribution of supply chain network under price-based rule follows a power-law distribution, while those under trust-based and randomly-choosing rules are similar to that of random network. Furthermore, results also indicate that trust-based rule is the most robust one against random and targeted disruptions.

Language

  • English

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Filing Info

  • Accession Number: 01678942
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Jul 18 2018 3:03PM