Article
Engineering, Manufacturing
Sebastian Schiffels, Guido Voigt
Summary: The study indicates that in a supply chain setup, suppliers benefit more from using capacity reservation contracts than wholesale price contracts, especially in low-margin scenarios. Behavioral factors such as naive anchoring and trust also play a role in supplier decision-making.
PRODUCTION AND OPERATIONS MANAGEMENT
(2021)
Article
Green & Sustainable Science & Technology
Doo-Ho Lee, Jong-Chul Yoon
Summary: The study shows that carbon caps significantly affect the performance of the supply chain, with higher caps leading to more sustainability innovation efforts. Cost-sharing contracts can help supply chains improve profitability and sustainability.
Article
Computer Science, Interdisciplinary Applications
T. Devi Prasad Patra, J. K. Jha
Summary: The study explores the introduction of bidirectional option contract in relief supply chain to mitigate the impact of disasters and risks, analyzing the contract's effects on humanitarian organizations and comparing it with the benchmark wholesale price contract to demonstrate its superiority.
COMPUTERS & INDUSTRIAL ENGINEERING
(2022)
Article
Management
Xianjin Du, Huimin Zhan, Xiaoxuan Zhu, Xiuli He
Summary: The study examines the impact of manufacturer's overconfidence on supplier innovation and supply chain profits under different contract settings, revealing that overconfidence has varying effects in different contract settings, and supplier's unawareness of overconfidence affects the effectiveness of contract settings differently.
OMEGA-INTERNATIONAL JOURNAL OF MANAGEMENT SCIENCE
(2021)
Article
Environmental Sciences
Yafei Zu, Deqiang Deng, Lianghua Chen
Summary: This paper studies the optimal strategies for reducing product carbon emissions under different contracts, finding that the consignment contract can achieve a Pareto improvement for the entire supply chain, with varying impacts on the retailer and the manufacturer.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2021)
Article
Economics
Bowei Guo, Giorgio Castagneto Gissey
Summary: The study found that in the wholesale electricity market in Great Britain, the CPT rates for gas costs and EUA prices are 100%. The CPT rate for coal costs is higher during peak and off-peak periods, as coal plants tend to bid at slightly lower than marginal costs during off-peak periods in order to operate at minimum load, and exercise market power during peak periods.
Article
Computer Science, Cybernetics
Ranran Zhang, Jinjin Liu, Yu Qian
Summary: The study found that, when considering consumer reference price effect, a cost-sharing contract is more effective than a wholesale-price contract in enhancing product greenness and stimulating demand. Under a single contract, a retailer-led situation is more conducive to improving product greenness. Moreover, consumer reference price effect can reduce the sharing ratio of a cost-sharing contract when the manufacturer dominates, but it can also alleviate the issue of double marginalization by decreasing wholesale and retail prices and boosting consumer surplus.
Review
Engineering, Industrial
Nelly Bart, Tatyana Chernonog, Tal Avinadav
Summary: This study is the first to review the literature dealing with Revenue Sharing Contracts (RSCs), which have gained considerable popularity over the past two decades. The research aims to provide a comprehensive overview of the state of the art in the field and identify potential areas for further exploration, by analyzing 148 carefully selected papers on RSCs in operations research and management. The study classifies and discusses the reviewed papers in terms of contract types incorporated and research questions addressed, also providing mathematical formulations of prevalent RSC structures.
INTERNATIONAL JOURNAL OF PRODUCTION RESEARCH
(2021)
Article
Economics
Zhong-Zhong Jiang, Na He, Song Huang
Summary: This paper examines the government's penalty provision in a bioenergy supply chain, considering different scenarios for the power plant's contract choices and the government's decisions. The study finds that when the target level is low, social welfare is higher with symmetric information than with asymmetric information, but when the target level is high, social welfare can be harmed by increased information transparency.
TRANSPORTATION RESEARCH PART E-LOGISTICS AND TRANSPORTATION REVIEW
(2021)
Review
Management
Sumit Sarkar, Shrey Bhala
Summary: The literature on closed loop supply chains has overlooked advantageous inequality aversion in modelling the fairness concern of channel partners, showing that coordinating a decentralized channel requires complex price contracts. This paper demonstrates that a constant wholesale price contract can effectively coordinate a manufacturer-led CLSC if the retailer's advantageous inequality aversion is strong. The results show that higher collection rates and channel profits are achieved when the retailer exhibits inequality aversion compared to profit maximization, regardless of the end-of-use product collector.
EUROPEAN JOURNAL OF OPERATIONAL RESEARCH
(2021)
Article
Management
Junlin Chen, Zewu Jiang, Xiaobo Zhao, Wanshan Zhu, Jinxing Xie
Summary: In this study, we investigate a supply chain system consisting of a retailer and a supplier. We examine the threshold problem in contract design and take into account the risk preference of the retailer and the fairness concern of the supplier. The experiment shows that the behavior of the retailer affects the threshold of the optimal contract design, while the behavior of the supplier only affects the optimal wholesale price. These findings suggest that the behavior of retailers and suppliers play a crucial role in the mechanism design of supply chains.
OMEGA-INTERNATIONAL JOURNAL OF MANAGEMENT SCIENCE
(2024)
Article
Management
Ruomeng Cui, Jingyun Li, Meng Li, Lili Yu
Summary: The study explores wholesale price discrimination in a global sourcing marketplace, finding that suppliers quote significantly higher prices to white buyers compared to Asian and black buyers. However, price discrimination disappears when buyers present market information, signaling lower willingness to pay. Social information can only reduce price quotes for black and white buyers, not for Asian buyers, particularly Chinese buyers.
M&SOM-MANUFACTURING & SERVICE OPERATIONS MANAGEMENT
(2021)
Article
Economics
Zhong-Ping Li, Jian-Jun Wang, Sandun Perera, Jim (Junmin) Shi
Summary: This study investigates the impact of fairness concerns on channel coordination and contract mechanisms in a dual-channel supply chain. By developing a game-theoretic utility model, the study finds that fairness preferences can affect wholesale prices, buy-back contracts, and revenue-sharing contracts. The study shows that fairness concerns of channel members can enhance supply chain performance to some extent.
TRANSPORTATION RESEARCH PART E-LOGISTICS AND TRANSPORTATION REVIEW
(2022)
Article
Management
Fanjun Yao, Elena Parilina, Georges Zaccour, Hongwei Gao
Summary: This paper explores the impact of consumers' environmental concern on the strategies and outcomes of a supply chain. Taking a supply chain perspective instead of a single-firm one is more realistic since the retailer has a direct influence on sales through pricing policy. Therefore, the contractual arrangement in the supply chain becomes an important issue.
EUROPEAN JOURNAL OF OPERATIONAL RESEARCH
(2022)
Article
Green & Sustainable Science & Technology
Rubi Das, Abhijit Barman, Balaji Roy, Pijus Kanti De
Summary: The expanding customer consciousness of ecological sustainability has motivated supply chain members to participate in green activities. This paper studies the coordination issue of a dual-channel supply chain and discusses the pricing and greening strategies under centralized and decentralized scenarios. The study finds that the profit of the supply chain decreases in a decentralized scenario compared to the centralized scenario.
ENVIRONMENT DEVELOPMENT AND SUSTAINABILITY
(2023)
