Purpose - The purpose of this paper is to explore the impact of supply capacity constraint, water delivery loss and fairness concern on the operational decisions/efficiency of the IBWT supply chain under the random precipitation. Design/methodology/approach - Two game-theoretic decision models...

Quality uncertainty based on advance selling triggers risk aversion and risk fairness concerns by transaction parties, which have a great influence on their behaviours. From the perspective of social preference, risk fairness concerns refer to the disutility derived by a risk-averse party who...