Influence of Market Efficiency and Energy Saving/ Emission Reduction on Closed-loop Supply Chain

Cunxian Ma (), Ruochen Yin and Yun Huang ()
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Cunxian Ma: Macau University of Science and Technology, School of Business
Ruochen Yin: Macau University of Science and Technology, School of Business
Yun Huang: Macau University of Science and Technology, School of Business

A chapter in Proceedings of the 2022 2nd International Conference on Economic Development and Business Culture (ICEDBC 2022), 2022, pp 1787-1793 from Springer

Abstract: Abstract This study addresses the problem of inequality between social and corporate benefits in creating a recyclable low-carbon supply chain under the "dual carbon" policy. Our research constructs a two-level closed-loop supply chain in which manufacturers lead, retailers follow, and demand is influenced by consumers' preference for corporate emissions reduction behavior and market efficiency. This study explores the effects of consumer preference for emission reduction, firm's cost of emission reduction, market efficiency sensitivity, and market efficiency input cost on the pricing by using the Stackelberg game model and input strategies of manufacturers and retailers under centralized and decentralized decision making respectively. The results show that in a closed-loop supply chain that considers market efficiency and energy efficiency, the overall profitability of the centralized decision-making system is greater than that of decentralized decision-making.

Keywords: Closed-loop supply chain; Carbon emission reduction; Market efficiency; Consumer preference (search for similar items in EconPapers)
Date: 2022
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DOI: 10.2991/978-94-6463-036-7_267

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