A Composite Collaborative Tourism Supply Chain Risk Sharing Model
Mengyan Ren
Shenzhen Tourism College, Jinan University, China.
Hua Bai *
Shenzhen Tourism College, Jinan University, China.
*Author to whom correspondence should be addressed.
Abstract
Tourism supply chain (TSC) is a relatively new concept. In order to realize the effectiveness of TSC collaboration, how to share the risks of TSC fairly is a key issue. This paper analyzes the main risk factors in TSC, and proposes a composite risk sharing model. Incorporating the contribution of the individual enterprise to the profit making of the whole TSC profit, this paper presents an amended investment based risk sharing model for more fair and reasonable risk sharing.
Keywords: Tourism supply chain, risk sharing, collaboration, Shapley value.