Dynamic Investigation in Green Supply Chain considering Channel Service

Considering firm’s innovation input of green products and channel service, this paper, in dynamic environment, studies a dynamic price game model in a dual-channel green supply chain and focuses on the effect of parameter changing on the pricing strategies and complexity of the dynamic system. Using...

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Main Authors: Qiuxiang Li, Mengmeng Li, Yimin Huang
Format: Article
Language:English
Published: Wiley 2020-01-01
Series:Complexity
Online Access:http://dx.doi.org/10.1155/2020/1640724
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author Qiuxiang Li
Mengmeng Li
Yimin Huang
author_facet Qiuxiang Li
Mengmeng Li
Yimin Huang
author_sort Qiuxiang Li
collection DOAJ
description Considering firm’s innovation input of green products and channel service, this paper, in dynamic environment, studies a dynamic price game model in a dual-channel green supply chain and focuses on the effect of parameter changing on the pricing strategies and complexity of the dynamic system. Using dynamic theory, the complex behaviors of the dynamic system are discussed; besides, the parameter adaptation method is adopted to restrain the chaos phenomenon. The conclusions are as follows: the stable scope of the green supply chain system enlarges with decision makers’ risk-aversion level increasing and decreases with service value increasing; excessive adjustment of price parameters will make the green supply chain system fall into chaos with a large entropy value; the attraction domain of initial prices shrinks with price adjustment speed increasing and enlarges with the channel service values raising. As the dynamic game model system is in a chaotic state, the profit of the manufacturer will be damaged, while the efficiency of the retailer will be improved. The system would be kept at a stable state and casts off chaos by the parameter adaptation method. Results are significant for the manager to make reasonable price decision.
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institution Kabale University
issn 1076-2787
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language English
publishDate 2020-01-01
publisher Wiley
record_format Article
series Complexity
spelling doaj-art-8fe4af2f7ce340fa8806955a36a0062b2025-02-03T01:28:33ZengWileyComplexity1076-27871099-05262020-01-01202010.1155/2020/16407241640724Dynamic Investigation in Green Supply Chain considering Channel ServiceQiuxiang Li0Mengmeng Li1Yimin Huang2Institute of Management Science and Engineering, Henan University, Kaifeng 475004, ChinaSchool of Business, Henan University, Kaifeng 475004, ChinaSchool of Management & Economics, North China University of Water Resources and Electric Power, Zhengzhou 450046, ChinaConsidering firm’s innovation input of green products and channel service, this paper, in dynamic environment, studies a dynamic price game model in a dual-channel green supply chain and focuses on the effect of parameter changing on the pricing strategies and complexity of the dynamic system. Using dynamic theory, the complex behaviors of the dynamic system are discussed; besides, the parameter adaptation method is adopted to restrain the chaos phenomenon. The conclusions are as follows: the stable scope of the green supply chain system enlarges with decision makers’ risk-aversion level increasing and decreases with service value increasing; excessive adjustment of price parameters will make the green supply chain system fall into chaos with a large entropy value; the attraction domain of initial prices shrinks with price adjustment speed increasing and enlarges with the channel service values raising. As the dynamic game model system is in a chaotic state, the profit of the manufacturer will be damaged, while the efficiency of the retailer will be improved. The system would be kept at a stable state and casts off chaos by the parameter adaptation method. Results are significant for the manager to make reasonable price decision.http://dx.doi.org/10.1155/2020/1640724
spellingShingle Qiuxiang Li
Mengmeng Li
Yimin Huang
Dynamic Investigation in Green Supply Chain considering Channel Service
Complexity
title Dynamic Investigation in Green Supply Chain considering Channel Service
title_full Dynamic Investigation in Green Supply Chain considering Channel Service
title_fullStr Dynamic Investigation in Green Supply Chain considering Channel Service
title_full_unstemmed Dynamic Investigation in Green Supply Chain considering Channel Service
title_short Dynamic Investigation in Green Supply Chain considering Channel Service
title_sort dynamic investigation in green supply chain considering channel service
url http://dx.doi.org/10.1155/2020/1640724
work_keys_str_mv AT qiuxiangli dynamicinvestigationingreensupplychainconsideringchannelservice
AT mengmengli dynamicinvestigationingreensupplychainconsideringchannelservice
AT yiminhuang dynamicinvestigationingreensupplychainconsideringchannelservice