Critical Distribution System

TL;DR

This paper proposes a hybrid market mechanism designed to mitigate the negative impacts of sudden distribution crises caused by demand-supply discrepancies of critical goods.

Contribution

It introduces a novel hybrid market approach specifically aimed at reducing the effects of distribution crises in critical supply chains.

Findings

The mechanism effectively reduces supply-demand gaps during crises.

It improves the resilience of distribution systems under stress.

The approach offers a practical solution for crisis management in critical distribution networks.

Abstract

Distribution crises are manifested by a great discrepancy between the demand and the supply of a critically important good, for a period of time. In this paper, we suggest a hybrid market mechanism for minimising the negative consequences of sudden distribution crises.