Complex Dynamics Analysis of Closed-Loop Supply Chain considering CSR and Fairness Concerns

This paper constructs a supply chain model composed of a manufacturer and a recycler. The manufacturer’s CSR and the recycler’s fairness concerns are introduced to the benchmark model in turn, and the optimal decision-making problems under different models are studied and compared. The findings show...

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Main Authors: Fei Zhang, Zhimin Hu, Yunzhong Yang, Xiaogang Ma
Format: Article
Language:English
Published: Wiley 2021-01-01
Series:Discrete Dynamics in Nature and Society
Online Access:http://dx.doi.org/10.1155/2021/7787420
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author Fei Zhang
Zhimin Hu
Yunzhong Yang
Xiaogang Ma
author_facet Fei Zhang
Zhimin Hu
Yunzhong Yang
Xiaogang Ma
author_sort Fei Zhang
collection DOAJ
description This paper constructs a supply chain model composed of a manufacturer and a recycler. The manufacturer’s CSR and the recycler’s fairness concerns are introduced to the benchmark model in turn, and the optimal decision-making problems under different models are studied and compared. The findings show that the manufacturer’s utility will increase and the recycler’s utility will decrease when the manufacturer undertakes CSR within a reasonable range. The optimal utility of manufacturers does not change, and the utility of the recycler is affected by the proportion of CSR undertaken by the manufacturer when the recycler considers fairness concerns. Based on the CSR and fairness model, this paper constructs a dynamic decision system of production quantity and eco-innovation effort. We analyze the influence of adjustment speed on the dynamic decision system and obtain the conditions required to maintain system stability. The research conclusion indicates that with the increase of adjusting parameters, the system gradually appears chaotic state from a stable state and the chaotic state of the system has a negative impact on the utility of manufacturer and recycler. In order to avoid chaos in the system, this paper uses the delayed feedback method to control the system.
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institution Kabale University
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language English
publishDate 2021-01-01
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series Discrete Dynamics in Nature and Society
spelling doaj-art-fc21df99b68b4d19a89f659a86173bcd2025-02-03T01:25:09ZengWileyDiscrete Dynamics in Nature and Society1026-02261607-887X2021-01-01202110.1155/2021/77874207787420Complex Dynamics Analysis of Closed-Loop Supply Chain considering CSR and Fairness ConcernsFei Zhang0Zhimin Hu1Yunzhong Yang2Xiaogang Ma3School of Management, Wuhan Textile University, Wuhan 430073, ChinaSchool of Management, Wuhan Textile University, Wuhan 430073, ChinaSchool of Management, Wuhan Textile University, Wuhan 430073, ChinaSchool of Management, Wuhan Textile University, Wuhan 430073, ChinaThis paper constructs a supply chain model composed of a manufacturer and a recycler. The manufacturer’s CSR and the recycler’s fairness concerns are introduced to the benchmark model in turn, and the optimal decision-making problems under different models are studied and compared. The findings show that the manufacturer’s utility will increase and the recycler’s utility will decrease when the manufacturer undertakes CSR within a reasonable range. The optimal utility of manufacturers does not change, and the utility of the recycler is affected by the proportion of CSR undertaken by the manufacturer when the recycler considers fairness concerns. Based on the CSR and fairness model, this paper constructs a dynamic decision system of production quantity and eco-innovation effort. We analyze the influence of adjustment speed on the dynamic decision system and obtain the conditions required to maintain system stability. The research conclusion indicates that with the increase of adjusting parameters, the system gradually appears chaotic state from a stable state and the chaotic state of the system has a negative impact on the utility of manufacturer and recycler. In order to avoid chaos in the system, this paper uses the delayed feedback method to control the system.http://dx.doi.org/10.1155/2021/7787420
spellingShingle Fei Zhang
Zhimin Hu
Yunzhong Yang
Xiaogang Ma
Complex Dynamics Analysis of Closed-Loop Supply Chain considering CSR and Fairness Concerns
Discrete Dynamics in Nature and Society
title Complex Dynamics Analysis of Closed-Loop Supply Chain considering CSR and Fairness Concerns
title_full Complex Dynamics Analysis of Closed-Loop Supply Chain considering CSR and Fairness Concerns
title_fullStr Complex Dynamics Analysis of Closed-Loop Supply Chain considering CSR and Fairness Concerns
title_full_unstemmed Complex Dynamics Analysis of Closed-Loop Supply Chain considering CSR and Fairness Concerns
title_short Complex Dynamics Analysis of Closed-Loop Supply Chain considering CSR and Fairness Concerns
title_sort complex dynamics analysis of closed loop supply chain considering csr and fairness concerns
url http://dx.doi.org/10.1155/2021/7787420
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AT zhiminhu complexdynamicsanalysisofclosedloopsupplychainconsideringcsrandfairnessconcerns
AT yunzhongyang complexdynamicsanalysisofclosedloopsupplychainconsideringcsrandfairnessconcerns
AT xiaogangma complexdynamicsanalysisofclosedloopsupplychainconsideringcsrandfairnessconcerns