Comparative study of centralized and decentralized scenarios of a three-tiered green supply chain in two-period using the game theoretical approach

Das, Manojit; Jana, Dipak Kumar; Alam, Shariful

doi:10.1016/j.clscn.2022.100054

Cited by 7 publications

(8 citation statements)

References 44 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…There is negative definite matrix. So U(Π m1 ) is a joint concave function of ω and e. Similar to Rahmani et al [ 29 ] and Das et al [ 30 ].…”

Section: Game Modelmentioning

confidence: 60%

“…Rahmani and Yavari [ 29 ] studied the pricing strategy of green supply chain under the interruption of market demand and found that when the market scale was destroyed or the greening cost was reduced, the optimal price in both decision-making structures would increase. Das et al [ 30 ] analyzed the greening level of products and other factors and thought that supply chain members could really compromise on the marginal expected utility target to achieve sustainable development. The research results may help supply chain members to implement more sustainable development plans.…”

Section: Literature Reviewmentioning

confidence: 99%

See 1 more Smart Citation

Supply chain decision based on green investment subsidy and risk aversion

Liu,

Yu,

Lin

2023

PLoS ONE

View full text Add to dashboard Cite

Considering the risk aversion characteristics of supply chain members, how to effectively design the government subsidy strategy and green supply chain strategy is a realistic and urgent issue. Regarding this, we optimize and compare four three-stage Stackelberg game models between government and a two-echelon green supply chain, namely both manufacturer and retailer risk neutral (BN), manufacturer risk aversion while retailer risk neutral (MA), retailer risk aversion while manufacturer risk neutral (RA) and both manufacturer and retailer risk aversion (BA). The government as the leader decides the subsidy rate of green input cost with the goal of maximizing social welfare; the manufacturer as the first follower makes decisions on product greenness and wholesale price to maximize its own interests; and the retailer as the second follower determines retail prices to maximize its own interests. Employing mathematical reasoning and numerical simulation investigate thoroughly the effects of the government subsidies and the members’ risk aversion. Results indicate that an appropriate government subsidy investment has a positive effect on optimal decisions and related benefits. Risk aversion is in favor of improvement of product greenness and social welfare while reduction of retail price. With the increase of manufacturer risk aversion, green subsidy investment rate and retailer expected revenue increase; on the contrary, the wholesale price and manufacturer expected revenue decrease. With the increase of retailer risk aversion, the wholesale price and manufacturer expected revenue increase, while green subsidy investment rate and retailer expected revenue decrease. In the model of BN, product greenness and social welfare are the lowest, while retail price is the highest. BA is opposite to BN. In the model of RA, green subsidy investment rate and retailer expected revenue the lowest, while wholesale price and manufacturer expected revenue the highest. RA is opposite to MA. The government should formulate appropriate subsidy policies to encourage manufacturers to produce green products and raise consumers’ green awareness. Enterprises should control their own risk aversion and assess the risk aversion of the other party reasonably.

show abstract

“…There is negative definite matrix. So U(Π m1 ) is a joint concave function of ω and e. Similar to Rahmani et al [ 29 ] and Das et al [ 30 ].…”

Section: Game Modelmentioning

confidence: 60%

Section: Literature Reviewmentioning

confidence: 99%

Supply chain decision based on green investment subsidy and risk aversion

Liu,

Yu,

Lin

2023

PLoS ONE

View full text Add to dashboard Cite

show abstract

“…The research being conducted aims to answer the query that follows: "What are the most efficient methods for managing working capital to improve profitability in retail?" Through the analysis of interviews, the following major trends in retail working capital management were found and categorised: Supplier Relationship Management: decreasing the supply chain risk of disruption and optimising retail profitability rely on creating solid connections with suppliers (Das et al, 2022a). Developing solid connections with suppliers offers multiple advantages, including improved pricing negotiations, timely delivery, as well as exposure to innovative goods and technologies.…”

Section: Resultsmentioning

confidence: 99%

Optimizing retail prosperity: Strategic working capital management and its impact on the global economy

Ramadan,

Morshed

2024

J. Infras. Policy. Dev.

View full text Add to dashboard Cite

This study explores the critical role of the retail sector in the global economy and the importance of working capital management within retail businesses. Recognizing retail’s influence beyond just income generation, the research examines its impact on economic stability, job creation, and national GDP, and how it links industries such as manufacturing and logistics. Employing a blended-methods approach, the study integrates quantitative analysis using AMOS software with qualitative insights from interviews with financial managers and retail experts. Key focus areas include cash flow management, market demand, and supplier relationship management in the context of working capital management. Findings highlight the necessity of effective working capital management in maintaining financial stability, optimizing shareholder wealth, and ensuring long-term business viability in the retail sector. Strategies for enhancing profitability, such as improving supplier relationships and adapting to market demands, are identified. This research contributes to understanding the economic impact of the retail sector and the intricacies of working capital management. It offers insights for policymakers, retail managers, and academics, emphasizing the need for supportive retail industry measures and effective financial management practices. The study fills a gap in literature and sets a foundation for future research in this critical area of economic studies and retail management.

show abstract

“…Parsaeifar et al [29] investigate a competitive three-echelon green supply chain, finding that market competition helps improve supply chain profits. Das et al [30] focus on the role of mediators in a three-tier green supply chain, finding that the centralized system is more conducive to improving supply chain profits. Shekarian et al [31] consider carbon emission and remanufacturing in the closed-loop supply chain.…”

Section: Agriculture Supply Chain Managementmentioning

confidence: 99%

The Government Subsidy Policies for Organic Agriculture Based on Evolutionary Game Theory

Yang,

Dai,

Zhang

2024

Sustainability

View full text Add to dashboard Cite

Organic agriculture is a sustainable form of farming that can protect the environment. However, the high production costs of organic agriculture deter farmers from switching to organic farming. To support the development of organic agriculture, many governments offer subsidies to farmers or retailers. We develop an evolutionary game model to investigate the effect of government subsidies on organic agriculture and the conditions under which the government should subsidize farmers or retailers. We find that subsidizing farmers or retailers can promote agricultural development. Government subsidies lower the requirement for social responsibility and the premium that retailers offer. Furthermore, if the consumer’s social responsibility is sufficiently low, the government’s best choice is to subsidize retailers. If the social responsibility premium is medium, the government’s best choice is to subsidize farmers. Finally, higher subsidies motivate more farmers to produce organic products when the government subsidizes retailers. Conversely, if the government subsidizes farmers, it is more conducive to reducing the burden on retailers to purchase organic products.

show abstract

Comparative study of centralized and decentralized scenarios of a three-tiered green supply chain in two-period using the game theoretical approach

Cited by 7 publications

References 44 publications

Supply chain decision based on green investment subsidy and risk aversion

Supply chain decision based on green investment subsidy and risk aversion

Optimizing retail prosperity: Strategic working capital management and its impact on the global economy

The Government Subsidy Policies for Organic Agriculture Based on Evolutionary Game Theory

Contact Info

Product

Resources

About