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Sunday Meditation (127): Abstracts of Journal Papers

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Sunday Meditation (127): Abstracts of Journal Papers

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Today, we bring you an abstract of the journal paper "Supply Chain Operations Considering Equity Concerns and Breakdown Points in Negotiations".

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Today, the editor brings “ Abstract of the journal article 《Supply chain operations considering fairness concerns and their negotiation rupture points》".

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内容摘要:Abstract

In this issue, we will introduce the abstract of the journal paper "Supply Chain Operations Considering Equity Concerns and Negotiation Breakdown Points" from three aspects: mind mapping, intensive reading content, and knowledge supplementation.

This issue's tweet will introduce the journal article 《Supply chain operations considering fairness concerns and their negotiation rupture points》 from three aspects: mind mapping, detailed reading content, and supplementary knowledge, focusing on abstract.

思维导图:Mind mapping

Sunday Meditation (127): Abstracts of Journal Papers

精读内容:Intensive reading content

The abstract section mainly introduces the research content and findings of this paper.

The abstract mainly introduces the research content and findings of this paper.

Firstly, the author introduces the research content of this paper in detail, considers the Nash solution of the negotiation rupture point as the fairness reference point, constructs a fair concern supply chain model based on Stackelberg game, discusses the decision-making and coordination problems of the supply chain in the wholesale price contract and the repurchase contract, and analyzes the impact of the negotiation rupture point on the fairness concern supply chain.

Firstly, the author elaborates on the research content, which involves constructing a fairness-concerned supply chain model based on Stackelberg games, considering the Nash solution as the fair reference point for negotiation breakdown. The paper explores decision-making and coordination issues in both wholesale price contracts and buyback contracts, analyzing the impact of the negotiation breakdown point on fairness-concerned supply chains.

Then, the results of this paper are introduced, and there are two main results: (1) When the wholesale price is exogenous and endogenous variables, the impact of the negotiation breakdown point on the optimal order quantity is completely opposite. (2) In both the wholesale price contract and the repurchase contract, the supply chain of fairness concerns based on the Stackelberg game cannot be coordinated, and then the joint contract design is carried out in the form of price subsidy to achieve coordination of the supply chain.

Next, the research findings are presented. There are two main results: (1) When the wholesale price is treated as exogenous and endogenous variables respectively, the impact of the negotiation breakdown point on the optimal order quantity is completely opposite. (2) In both wholesale price contracts and buyback contracts, fairness-concerned supply chains based on Stackelberg games cannot be coordinated. Consequently, the paper proposes a joint contract design using price subsidies to achieve supply chain coordination.

Sunday Meditation (127): Abstracts of Journal Papers

知识补充:Knowledge supplement

1、联合契约设计 Joint contract design

Joint contract design is a collaborative approach that aims to create a common contract or agreement through multi-party participation, consultation, and co-design. This process usually involves consultation, discussion and cooperation between the parties to ensure that the final contract meets the interests and needs of all parties involved. The goal of joint contract design is to promote cooperation and consensus among participants, as well as to improve the quality and acceptability of the final contract. This approach is often used in situations where multiple stakeholders need to be involved, with complex interests and needs, such as corporate collaborations, cross-border projects, and collaborations between governments and civil society organizations.

Joint contract design is a collaborative method aimed at creating a mutual contract or agreement through the participation, negotiation, and collective design of multiple parties. This process typically involves consultation, discussion, and cooperation among the parties to ensure that the final contract meets the interests and needs of all involved parties. The goal of joint contract design is to promote cooperation and consensus among participants, as well as to enhance the quality and acceptability of the final contract. This approach is commonly used in situations involving multiple stakeholders and complex interests and demands, such as business collaborations, multinational projects, and collaborations between governments and civil society organizations.

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References:[1] Nie Tengfei, He Biyu, Du Shaofu. Supply Chain Operations Considering Equity Concerns and Negotiation Breakdown Points [J]. Journal of Management Science, 2017, 20(10): 92-102.

文案|Whisper

排版|Whisper

Audit|Wang

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