Managerial and Decision Economics最新文献_第2页

Carbon emission constraint: A catalyst for the shift from real economy to financialization? 碳排放限制：从实体经济向金融化转变的催化剂？

IF 2.5 3区经济学

Managerial and Decision Economics Pub Date : 2024-09-18 DOI: 10.1002/mde.4393

Xinglin Liu

引用次数: 0

The evolution of two-stage production and order equilibrium in a random yield supply chain with demand information updating 具有需求信息更新的随机产量供应链中两阶段生产和订单均衡的演变

IF 2.5 3区经济学

Managerial and Decision Economics Pub Date : 2024-09-16 DOI: 10.1002/mde.4384

Jiawu Peng

{"title":"The evolution of two-stage production and order equilibrium in a random yield supply chain with demand information updating","authors":"Jiawu Peng","doi":"10.1002/mde.4384","DOIUrl":"10.1002/mde.4384","url":null,"abstract":"The mismatch between production, order, and demand seriously affects supply chain performance. However, most research focus on the mismatch between the retailer's order and customer's demand, which ignores the influence of the supplier's random yield on supply chain members' decision-making. This paper investigates a two-stage optimization problem within a two-echelon supply chain, featuring a supplier with random yield and a retailer updating demand information in real-time. Faced with a long production lead time, the retailer can either place advance orders at the production season's onset (first-stage advance order) or opt for instant orders at the beginning of the sales season (second-stage instant order). To ensure timely order fulfillment, the supplier initially employs a cost-effective regular production mode with random yield during the production season. If yields are insufficient during sales, a pricier emergency production mode with guaranteed output becomes available. Utilizing a dynamic programming approach, we formulate the two-stage optimization problem to derive optimal production and order decisions. Our analysis uncovers how realized random yield and stochastic market signals influence emergency production and instant order quantities in the second stage. We compare expected profits in scenarios with perfect and imperfect market signals, probing the members' preferences regarding order strategies. An intriguing finding emerges: as instant wholesale prices rising, the supplier's preferred order strategy diverges from the retailer. By strategic adjustments to the instant wholesale price, we demonstrate the potential for unanimous agreement on preferred order strategies among supply chain members — a quality enhancing the chain's flexibility and performance. Moreover, we extend the model to hybrid order strategies and identify conditions for unanimous preference among the three strategies. To bolster our theoretical findings, we provide numerical examples, lending practical support to our study.","PeriodicalId":18186,"journal":{"name":"Managerial and Decision Economics","volume":"46 1","pages":"438-468"},"PeriodicalIF":2.5,"publicationDate":"2024-09-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142260269","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

The hidden crowding out effect: How does local government implicit debt pressure influence enterprise productivity in China? 隐性挤出效应：中国地方政府的隐性债务压力如何影响企业生产率？

IF 2.5 3区经济学

Managerial and Decision Economics Pub Date : 2024-09-14 DOI: 10.1002/mde.4387

Lei Wang, Chuncao Wang, Jiayi Chen, Jingke Chang

引用次数: 0

Foreign direct investment, environmental regulation, and energy transition—An empirical study based on data from 38 OECD countries worldwide

IF 2.5 3区经济学

Managerial and Decision Economics Pub Date : 2024-09-14 DOI: 10.1002/mde.4392

Hui Hou, Di Wu, Xiaoting Wang, Deyi Kong

{"title":"Foreign direct investment, environmental regulation, and energy transition—An empirical study based on data from 38 OECD countries worldwide","authors":"Hui Hou, Di Wu, Xiaoting Wang, Deyi Kong","doi":"10.1002/mde.4392","DOIUrl":"https://doi.org/10.1002/mde.4392","url":null,"abstract":"This study formulates a theoretical hypothesis regarding the intricate interplay among foreign direct investment (FDI), environmental regulation, and energy transition. To empirically validate this hypothesis, a comprehensive analysis is carried out on 38 member nations of the Organization for Economic Cooperation and Development (OECD) over the span of 2003 to 2020, utilizing a panel fixed effects model, a panel quantile model, and a panel threshold regression model. The findings of the research indicate that (1) FDI exhibits an inhibitory impact on energy transition and, according to the heterogeneity analysis, FDI significantly inhibits energy transition in developed nations. However, the inhibitory influence on energy transition in developing nations is not as pronounced. (2) A considerable amount of dampening influence is exerted by FDI on energy transition at various stages of the transition and is most apparent when the transition is in the growth phase. (3) A threshold effect is evident in FDI and environmental regulation in relation to energy transition owing to the mismatch between the two developments. Notably, the influence of FDI on energy transition significantly varies based on the stringency of environmental regulation. As formal environmental regulation surpasses a designated threshold, FDI shifted from facilitating to inhibiting the energy transition. The same conclusions were reached when informal environmental regulation was considered as the threshold variable. Drawing from the conclusions of this paper, the countries of the OECD can develop a theoretical framework to formulate foreign investment introduction policies and regulate environmental regulation efforts to promote the energy transition.","PeriodicalId":18186,"journal":{"name":"Managerial and Decision Economics","volume":"46 1","pages":"573-589"},"PeriodicalIF":2.5,"publicationDate":"2024-09-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142861170","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Unlocking the power of peer influence: Strategies for bridging the adoption chasm in new product diffusion 释放同伴影响的力量：弥合新产品推广中的采用鸿沟的策略

IF 2.5 3区经济学

Managerial and Decision Economics Pub Date : 2024-09-13 DOI: 10.1002/mde.4379

Zhihui Li, Yuanyuan Jiao, Yangyang Cheng, Zhifeng Shen, Mi Zhou

{"title":"Unlocking the power of peer influence: Strategies for bridging the adoption chasm in new product diffusion","authors":"Zhihui Li, Yuanyuan Jiao, Yangyang Cheng, Zhifeng Shen, Mi Zhou","doi":"10.1002/mde.4379","DOIUrl":"10.1002/mde.4379","url":null,"abstract":"New product diffusion relies heavily on interpersonal relationships, yet the adoption chasm between the early adopters and the early majority poses a significant challenge. The pervasiveness of peer influence in social networks presents unique opportunities for businesses to effectively bridge this chasm between user groups. This study, grounded in social–psychological theory, examines the micro-processes of early adopters' peer influence on the early majority within social networks. Utilizing the stimulus–organism–response model, we propose that early adopter peer influence can enhance early majority adoption intention, thereby crossing the chasm of new product diffusion. Empirical findings reveal that early adopters' peer influence, directly and indirectly, affects the early majority's adoption decisions. When indirect effects are at play, the early majority emphasizes the emotional and social values embedded within the new product, driven by the early adopters' peer influence. These insights contribute to understanding how interactions between user types can help bridge the adoption chasm. The study augments, refines, and expands upon existing research on new product diffusion chasms and offers valuable practical guidance for businesses seeking to harness peer influence more effectively to overcome this barrier.","PeriodicalId":18186,"journal":{"name":"Managerial and Decision Economics","volume":"46 1","pages":"361-377"},"PeriodicalIF":2.5,"publicationDate":"2024-09-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142260270","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Optimal reverse channel for end-of-life vehicle closed-loop supply chains 报废汽车闭环供应链的最佳逆向渠道

IF 2.5 3区经济学

Managerial and Decision Economics Pub Date : 2024-09-11 DOI: 10.1002/mde.4389

Junfei Ding, Wen Zhang, Xujin Pu

引用次数: 0

Tripartite evolutionary game and simulation of solvency supervision under C-ROSS II based on prospect theory 基于前景理论的三方演化博弈与 C-ROSS II 下的偿付能力监管模拟

IF 2.5 3区经济学

Managerial and Decision Economics Pub Date : 2024-09-10 DOI: 10.1002/mde.4388

Shilong Li, Zhijie Tong

引用次数: 0

Does banking relationships promote environmental, social, and governance performance? Empirical evidence from A-share listed firms in China 银行关系是否促进环境、社会和治理绩效？来自中国 A 股上市公司的经验证据

IF 2.5 3区经济学

Managerial and Decision Economics Pub Date : 2024-09-07 DOI: 10.1002/mde.4383

Menghan Wang, Qi Zhao, Xiaoxiao Gong

引用次数: 0

Striding towards a greener future: Unlocking the potential of natural resources and employment dynamics in green energy transition in sub-Saharan Africa 迈向更加绿色的未来：释放撒哈拉以南非洲绿色能源转型中自然资源和就业动态的潜力

IF 2.5 3区经济学

Managerial and Decision Economics Pub Date : 2024-09-07 DOI: 10.1002/mde.4377

Kingsley I. Okere, Stephen Kelechi Dimnwobi, Ismail O. Fasanya

{"title":"Striding towards a greener future: Unlocking the potential of natural resources and employment dynamics in green energy transition in sub-Saharan Africa","authors":"Kingsley I. Okere, Stephen Kelechi Dimnwobi, Ismail O. Fasanya","doi":"10.1002/mde.4377","DOIUrl":"10.1002/mde.4377","url":null,"abstract":"The adoption and utilization of renewable energy offer potential benefits such as enhanced energy efficiency, cost savings, and ecological advantages. However, a key research question addressed in this analysis is whether natural resource rent and employment dynamics influence renewable energy consumption in Africa. Previous research has predominantly focused on the aggregate employment rate, overlooking the nuances of labor diversity across sectors and employment types. Hence, this study evaluates the importance of natural resource rent and employment in driving the transition to green energy in sub-Saharan Africa from 1991 to 2022. It employs the innovative method of moments quantile regression (MMQR) model for this purpose. The findings reveal a positive connection between natural resource rent and the adoption of green energy. When considering employment types, the study observes that self-employment and wages/salaried workers undermine clean energy utilization. Moreover, the study highlights that employment across key economic sectors also plays a role. While employment in the agriculture and service sectors fosters green energy utilization, employment in the industrial sector impedes renewable energy consumption. To advance the development of green energy in Africa, this study underscores a range of policy options.","PeriodicalId":18186,"journal":{"name":"Managerial and Decision Economics","volume":"46 1","pages":"329-346"},"PeriodicalIF":2.5,"publicationDate":"2024-09-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/mde.4377","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142191045","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Effect of financial contagion between real and financial sectors on asset bubbles: A two-layer network game approach 实体部门和金融部门之间的金融传染对资产泡沫的影响：双层网络博弈方法

IF 2.5 3区经济学

Managerial and Decision Economics Pub Date : 2024-09-07 DOI: 10.1002/mde.4381

Ruguo Fan, Xiao Xie, Yuanyuan Wang, Jinchai Lin

{"title":"Effect of financial contagion between real and financial sectors on asset bubbles: A two-layer network game approach","authors":"Ruguo Fan, Xiao Xie, Yuanyuan Wang, Jinchai Lin","doi":"10.1002/mde.4381","DOIUrl":"10.1002/mde.4381","url":null,"abstract":"Understanding the mechanism of asset bubble formation is important for maintaining financial stability and healthy functioning of the economic system. With gradual emphasis on the complex characteristics of financial markets, a new perspective for analyzing the emergence of asset bubbles is emerging: how to integrate the real economy with financial markets composed of heterogeneous individuals. In this study, we propose a two-layer network game to investigate the impact of financial contagion between the real and financial sectors on asset bubbles. Among their interactions, shadow banking activities in both sectors increase the contagion risk across financial markets and construct a broader financial system. Both credit interactions and peer learning effects are captured in the network framework. Simulating relevant regulation policies, our experiments indicate that regulators should closely monitor returns on assets by setting an upper threshold. Financialization in the real sector significantly exacerbates the formation of asset bubbles, with medium-level borrowing constraints minimizing bubble dynamics most effectively. The financialization practices of mature industries should be strictly regulated, while innovative industries should be allowed moderately flexible financing practices. The degree of friction within the financial market should be flexibly calibrated for financial institutions and genuine enterprises, aiming to mitigate systemic risks in the financial market while fostering robust growth in the real economy.","PeriodicalId":18186,"journal":{"name":"Managerial and Decision Economics","volume":"46 1","pages":"393-408"},"PeriodicalIF":2.5,"publicationDate":"2024-09-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142191056","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0