Multi‐period closed‐loop supply chain network equilibrium considering CSR investment and sharing mechanism

This study explores the impact of CSR investment and sharing mechanism on multi‐period CLSC network equilibrium. We establish a network equilibrium model in which manufacturers and retailers jointly undertake CSR. Numerical examples are applied to analyze the model. The results show that an increase...

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Bibliographic Details
Published inManagerial and decision economics Vol. 43; no. 5; pp. 1579 - 1595
Main Authors Duan, Caiquan, Yao, Fengmin, Li, Zhongqiu, Yu, Hui
Format Journal Article
LanguageEnglish
Published Chichester Wiley Periodicals Inc 01.07.2022
Subjects
Equilibrium
Recovery
Social welfare
Supply
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Summary:This study explores the impact of CSR investment and sharing mechanism on multi‐period CLSC network equilibrium. We establish a network equilibrium model in which manufacturers and retailers jointly undertake CSR. Numerical examples are applied to analyze the model. The results show that an increase in CSR is conducive to increasing product demand and recovery rate as well as achieving the social welfare maximization of the system. When retailers undertake more CSR, CSR is more effective in increasing utility in the system; particularly, when retailers undertake more CSR in earlier periods, this helps to increase the recovery rate and social welfare.
Bibliography:Funding information
National Nature Science Foundation of China, Grant/Award Number: 72001059; Nature Science Foundation of Heilongjiang Province, Grant/Award Number: G2018007; the “Young Talents” Project of Northeast Agricultural University, Grant/Award Number: 20QC12; University Nursing Program for Young Scholars with Creative Talents in Heilongjiang Province of China, Grant/Award Number: UNPYSCT‐2020186
ISSN:0143-6570
1099-1468
DOI:10.1002/mde.3475