Pricing competition on innovative product between innovator and entrant imitator facing strategic customers

Du, Peng; Xu, Lei; Chen, Qiushuang; Tsai, Sang‐Bing

doi:10.1080/00207543.2015.1134837

Cited by 26 publications

(18 citation statements)

References 35 publications

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“…This assumption significantly simplifies the resulting equilibriums but does not change any of the qualitative insights on CSR. Also, to avoid complicated results, we assume each firm attaches the same importance to each period and does not consider any discount factor throughout this study, consistent with [3,12,14]. Then the manufacturer's financial profit, also called pure profit, is…”

Section: Model Developmentmentioning

confidence: 99%

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Socially responsible supply chains with cost learning effects

2020

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Corporate social responsibility (CSR) has been attracting increasing attention. This paper investigates the implications of CSR upon a two-period manufacturer–retailer supply chain with cost learning effects which have been widely observed in different industries. Two scenarios are under consideration: the retailer exhibits CSR in one and the manufacturer does in the other. The analytical results demonstrate that compared with no CSR, the implementation of CSR generates higher pure profit for the entire chain. In contrast to the scenario where the manufacturer shows CSR, in the scenario where the retailer exhibits CSR, the manufacturer charges higher wholesale prices while the retailer charges lower retail prices, resulting in a higher chain-wide profit. Moreover, two-part tariff contracts are designed to coordinate the socially responsible supply chains. When coordinated, if the retailer exhibits CSR the wholesale prices are equal to the realized production cost which results from cost learning effects, while the wholesale prices are lower than the realized production cost if the manufacturer shows CSR. Interestingly, cost learning effects impair the pure profit of the coordinated supply chain when the effect of CSR is sufficiently high.

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Section: Model Developmentmentioning

confidence: 99%

“…For example, Sony takes its stakeholders' concerns seriously and works closely with its suppliers on initiatives in fields such as human rights, labor conditions, health and safety, and environmental protection 2 . The BMW Group considers the fulfillment of CSR as an indispensable part of its sustainable development strategy 3 .…”

Section: Introductionmentioning

confidence: 99%

Socially responsible supply chains with cost learning effects

2020

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“…A growing consensus recognizes the need to shift society products and services towards more sustainable models [24][25][26][27]. In recent years, green ports have become the mainstream of sustainable development of the global ports.…”

Section: Literature Reviewmentioning

confidence: 99%

Using a Hybrid Model on Joint Scheduling of Berths and Quay Cranes—From a Sustainable Perspective

Liu

Tsai

et al. 2018

Sustainability

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Abstract:In response to the problem of the unfair distribution of berths and quay cranes, as well as the optimization of the traffic path in port scheduling, a berth-crane joint scheduling model is proposed. Firstly, a ship is coded according to its geographical location and its arrival time in the form 0, 1. Then, the shortest port time, the minimum system cost, and the minimum unfairness are taken into account with the status quo of the port. Thus, a multi-objective joint scheduling model is established and solved by an improved NSGA-II algorithm. Finally, a practical example is given to verify the validity of the proposed method, the stable and the convergent of the proposed method are proved by many times computer simulations. The novelty of this paper is that we have taken psychological factors of fairness as well as social factors of sustainable development into consideration, and proposed an improved NSGA-II algorithm with random repair operator and self-adaptive operator to solve the multi-objective decision problem on joint scheduling of berths and quay crane.

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“…From the analysis based on the model, we can reveal the trend of influence between transport modes, and these findings can be utilized as forecasting references [35][36][37][38][39]. To construct our model, the monthly passenger volume for those who travel between Taipei and Kaohsiung was extracted to model the dynamic competitive relationships in Taiwan's public transportation market [40][41][42]. The passenger volumes of air transport, conventional rail transport, and HSR transport were collected from the MOTC and THSRC.…”

Section: Empirical Study and Data Collectionmentioning

confidence: 99%

Modelling the Dynamic Impacts of High Speed Rail Operation on Regional Public Transport—From the Perspective of Energy Economy

et al. 2018

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While the introduction of a high speed rail (HSR) provides passengers with another more environmentally friendly, convenient, and time-saving transport option, it also disrupts the existing passenger transport market. This study adopts time series analysis to model the dynamic competition in a regional passenger transport market when an HSR is introduced. The analyses include examining the long-run equilibrium and causal relationships, and the short-run causality and dynamic relationships between transport modes. In addition, based on the model we conduct impulse response tests and variance decomposition tests to further interpret the interactions between two transport modes. An empirical study is carried out, and the findings indicate that the HSR has a negative impact on conventional rail and air transport in the long-run. In the short-run dynamics, the air passenger transport volume could be regarded as a good predictor of HSR passenger volume. In turn, the HSR passenger volume could be used to predict conventional rail transport volume. The operations of HSR and conventional rail are complementary in the short term. From the short-run market viewpoint, the HSR and conventional rail meet different kinds of passenger demand. Therefore, a previous increased passenger volume for the HSR implies an overall increasing demand for regional transport. Consequently, the past increased HSR passenger volume could be used to predict the growth of conventional rail transport. Through the impulse response test, we can further track the responses of the three transport modes to the shocks from themselves and each other.

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Pricing competition on innovative product between innovator and entrant imitator facing strategic customers

Cited by 26 publications

References 35 publications

Socially responsible supply chains with cost learning effects

Socially responsible supply chains with cost learning effects

Using a Hybrid Model on Joint Scheduling of Berths and Quay Cranes—From a Sustainable Perspective

Modelling the Dynamic Impacts of High Speed Rail Operation on Regional Public Transport—From the Perspective of Energy Economy

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