Research Article

Coordinating Demand and Supply for Crowd Logistics Platforms with Network Effect

Table 1

Notations.

ParameterExplanation

p (t)Price of crowd logistics
D (p,t)Demand for crowd logistics
S (p,t)Supply of crowd logistics
W (p,t)Wage of service providers
Y (t)Cumulative delay orders
αInitial demand value
hUnit penalty cost on cumulative delay order
γWage ratio, 0<γ < 1
εSensitivity coefficient of supply to wage
μ1Direct-network effects’ intensity, 0<μ1 < 1
μ2Cross-network effects’ intensity, 0<μ2 < 1