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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Format: | Article |
Language: | English |
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Wiley
2020-01-01
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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. |
format | Article |
id | doaj-art-8fe4af2f7ce340fa8806955a36a0062b |
institution | Kabale University |
issn | 1076-2787 1099-0526 |
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 |