Managerial and Decision Economics最新文献

The E-commerce platform supply chain (EPSC) is maturing as a result of the platform economy's growth, and an increasing number of eco-friendly producers are joining E-commerce platforms to increase the sales of their eco-friendly goods. However, without an information disclosure mechanism, customers find it challenging to completely comprehend or grasp the green information on items. Eco-labels, as a green declaration symbol, can effectively reduce the information asymmetry between consumers and manufacturers. This paper establishes four game models for the EPSC under industry and government labels, considering the reselling and agency selling modes. The effects of consumers' green perceptions, eco-label credibility, and R&D cost coefficient on the operation of EPSC, consumer surplus, environmental quality improvement, and social welfare were analyzed. We find that the enhancement of consumers' green perceptions and eco-label credibility are beneficial for improving the product's greenness, increasing the profit of the E-commerce platform, consumer surplus, environmental quality improvement, and social welfare, but it may not necessarily be beneficial for the manufacturer and the overall profitability of EPSC. Additionally, the profitability of the E-commerce platform, consumer surplus, environmental quality improvement, and social welfare are more susceptible to shifts in consumers' green perceptions, whereas increasing the eco-label credibility is more beneficial to the revenues of the manufacturer and EPSC. From the perspective of pursuing profits, the industry label is often chosen by the manufacturer, whereas the E-commerce platform tends to choose the government label. Whether the optimal sales mode selection strategy of the manufacturer under the eco-label is beneficial to the E-commerce platform also depends on the size of unit production cost, commission rate, and consumers' green perceptions (eco-label credibility). Moreover, EPSC benefits most from the reselling mode under the industry label, whereas consumer surplus, environmental quality, and social welfare are better served by the reselling mode under the government label. Conversely, the manufacturer is more likely to decide to resell the product under the government label when the R&D for green products is highly challenging.

The proliferation of digital technology has introduced innovative engagement features between content producers and viewers. Virtual tipping, a novel form of revenue generation, allows viewers to award producers with virtual currency in real-time. In this paper, we develop a model where content producers generate revenue from both advertisements and virtual tips, aiming to explore how virtual tipping influences the differentiation of digital content. Unlike previous models, we assume that content producers make prior product decisions before entering the platform and can adjust their content in response to platform incentives and viewer demand. Content producers face a trade-off between expanding market coverage for higher advertisement revenue and prioritizing viewer satisfaction for increased virtual tipping. We derive a platform-streamer contract involving two incentive devices: a share of virtual tipping revenue and mediated search. Our results suggest that virtual tipping reduces content differentiation, except in cases where differentiation is already minimal. Consequently, virtual tipping encourages both the platform and content producers to prioritize viewer satisfaction, which can be welfare improving. However, the integration of mediated search amplifies virtual tipping's downward force on differentiation, which may counteract the welfare gains.

The role of knowledge exchange (KE) between and across firms has been widely studied. However, KE dimensions that reflect a sequence of interfirm and intrafirm KE among SMEs in emerging economies remain scantily examined in the literature. We fill this gap by investigating the direct and direct effects of KE dimensions on the SMEs sustainable performance (SP). Our analysis of 264 SME owner/owner-managers, using the PLS-SEM, showed that although there is no direct relationship between knowledge exchange from business collaboration (KEBC) and knowledge exchange during training (KET), KEBC and KET impact on the SP dimensions. Also, KET mediates the relationship between KEBC and SP. Our study arises among the few investigations that have given credence to developing economy informal SMEs' role in the sustainability discourse.

This study investigates the impact of carbon transition risk and emissions trading schemes (ETSs) on the firm performance using a sample of 401,692 firm-quarter observations from 64 countries and territories during the 2010–2019 period. Using the Paris Agreement 2015 as the quasi-natural experiment, our difference-in-differences analysis provides robust evidence of carbon transition risk enhancing heavy polluter firms' performance in countries that implemented ETS, but it is not the case for their counterparts. Our findings suggest the importance of ETS implementation in the sustainable development and demonstrate strong heterogeneity in the impact of carbon transition risk on corporate outcomes.

In recent years, the rise of e-commerce has led to the dominance of some platforms in the market. Both these platforms and third-party logistics providers are now offering online logistics services. Under this context, the brand manufacturers face challenges of deciding whether to outsource their logistics needs to third-party logistics service providers (LSPs), rely on the e-commerce platform itself, or establish collaborative partnerships with them. The combination between the decision to outsource or cooperate and the choice of service providers yields four typical scenarios: outsourcing to the platform without cooperation (Case PB), outsourcing to the platform with cooperation (Case P), outsourcing to the LSP without cooperation (Case LB), and outsourcing to the LSP with cooperation (Case L). This paper proposes a game-theoretic model to investigate the manufacturer's optimal selection of logistics mode. We examine the economic and environmental performances of four logistics modes, with a particular emphasis on the mutual benefits and costs shared between manufacturers and their logistics partners. Our results reveal that collaboration in sustainable logistics improvement leads to higher sustainability levels, augmented logistics fees, and increased sales volumes compared to noncollaborative strategies. Additionally, we find that outsourcing to the e-commerce platform generally results in higher profits and superior environmental performance for manufacturers, contingent upon the sustainability enhancement being sufficiently effective. Empirical evidence from surveys and interviews with industry experts supports our theoretical findings, underscoring the critical role of collaboration in achieving both economic and environmental sustainability within the supply chain. This study contributes to the literature on logistics outsourcing by evaluating manufacturers' strategic decisions in selecting logistics modes and accentuates the importance of cooperation in advancing sustainable logistics practices.

Understanding interactions between government, platforms, and enterprises is key to developing the industrial internet ecosystem. This study constructs a tripartite evolutionary game model to analyze stakeholder interactions. We examine the equilibrium strategies of stakeholders and the asymptotic stabilities of equilibrium points through theoretical and simulation analyses. The results show that increasing the subsidy coefficient, transaction fee rates for high-level services, and compensation for mismatches incentivize platforms to offer high-level services. Enterprises are motivated to participate in platforms by raising joining profits and lowering transaction fees. For the government, adjusting the subsidy coefficient promotes industrial internet adoption while avoiding excessive subsidies.

We investigate the impact of venture capital (VC) on the technological innovation of the firms listed on China's National Equities Exchange and Quotations (NEEQ) and identify the role of the VC strategy in this process, by using the data related to VC investment, firm innovation, and human capital. The empirical results demonstrate that (i) VC effectively promote the technological innovation of target firms, especially in the high-tech industry; (ii) as two parts of the VC strategy in the preinvestment phases, the entry time affects the technological innovation, and VC investing in the mature stage of target firms generally implements the short-termism strategy, appearing to inhibit the technological innovation, while the shareholding ratio affects the innovation in a nonlinear form, with a pivotal point at an ratio of 21%; and (iii) in the postinvestment phases, the intervention of VC on optimizing the target firms' human capital structure forms its strategy, promoting a significant increase in the proportion of R&D personnel or skilled labor, and promotes the technological innovation. On the whole, our findings provide an insight of how VC influences technological innovation, underscoring the relationship among investment strategy, firm characteristics, and innovation trajectory.

This paper investigates the intrinsic preferences for athletic versus musical events in the context of workplace social programs and explores the differing outcomes these events are perceived to generate. Empirical evidence consistently shows that individuals with athletic backgrounds are favoured in the job market, receiving better wages and benefits than their nonathlete counterparts because of stereotypes about their managerial qualities, stress handling and team spirit. In contrast, music participation is often undervalued, with musicians facing wage disparities and discrimination despite the cognitive and emotional benefits associated with music playing and listening. Through a vignette study, this research identifies that participants prefer athletes for events aimed at team cohesion and musicians for events designed to enhance creative skills. The findings highlight a type of job market discrimination based on preferences for workplace programs, emphasizing the role of stereotypes in shaping these preferences. The study contributes to the understanding of how workplace social programs are designed and the underlying biases that influence these decisions, offering insights into the mechanisms of job market discrimination and the potential for more inclusive program design that recognizes the value of both athletic and musical participation.

We verified the effect of patent insurance policy implementation on corporate green transformation, using a dataset of Chinese-listed companies from 2007 to 2019. Using double/debiased machine learning and text analysis, we found that the pilot policy of patent insurance has a significant positive impact on the green transformation of enterprises. This effect is significant in heavily polluting industries, eastern regions, state-owned enterprises, and companies in a growth stage. The patent insurance pilot policy promotes corporate green transformation by alleviating financing constraints, reducing operational risks, and increasing green output.