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Configuration of factors influencing the performance of new retailers in the context of digital transformation—Based on the resource action perspective Managerial and Decision Economics (IF 1.379) Pub Date : 2024-04-16 Fangfang Yin, Jianlin Pan
From a resource action perspective, a configuration analysis was performed on 219 cases of new retailers using fuzzy set qualitative comparative analysis (fsQCA). The major study findings are as follows: (1) Digital transformation capacity and resource management behavior are essential conditions for high performance of new retailers. (2) Seven configurations drive high performance of new retailers
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The evolution mechanism of green products supply and demand in a demand‐driven market Managerial and Decision Economics (IF 1.379) Pub Date : 2024-04-15 Shuai Jin, Na Qiao, Francis Tang Dabuo, Changchun Zhu
Promoting the production and consumption of green products is one of the essential ways to achieve sustainable development. However, although some studies have explored the evolution mechanism of the supply and demand system, these scholars have not noticed that in today's prosperous economy, demand‐driven markets have become mainstream in many countries. This paper establishes an evolutionary game
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Quality differentiation and channel structure on online platforms Managerial and Decision Economics (IF 1.379) Pub Date : 2024-04-13 Huilian Zhang, Jiajia Nie, Huajiang Luo
We examine how quality differentiation affects a manufacturer's channel strategy when selling through an offline retailer and a platform. The manufacturer can choose to distribute high‐ or low‐quality products online/offline via agency or reselling channels. We demonstrate that agency selling (reselling) is optimal when the commission rate is low (otherwise). Moreover, the manufacturer chooses to sell
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Manufacturer encroachment under distributional fairness concerns Managerial and Decision Economics (IF 1.379) Pub Date : 2024-04-13 Yuanyuan Luo, Xiaojie Sun
Dominant retailers' squeeze results in very low profits for manufacturers in the traditional reselling channel, which raises manufacturers' significant concerns about profit fairness. This paper studies the manufacturer's encroachment strategy under fairness concerns by virtue of a game‐theoretical model, in which a manufacturer sells its products to a dominant retailer who resells them to consumers
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Stochastic evolutionary game analysis of tacit knowledge sharing in patent commercialization Managerial and Decision Economics (IF 1.379) Pub Date : 2024-04-09 Mingyu Xu, Xianghao Yang, Xinyi Yang, Xu Ye
Given the rapid prevalence and advancement of patent commercialization, tacit knowledge sharing during this process is increasingly being scrutinized. To explore the factors affecting tacit knowledge sharing in patent commercialization, this paper constructed a tripartite stochastic evolutionary game model to analyze the complex game interaction between inventors, enterprises, and patent intermediaries
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Manufacturers' vertical integration strategies in competing three‐tier supply chains with asymmetric customer loyalty Managerial and Decision Economics (IF 1.379) Pub Date : 2024-04-11 Qi An, Nana Zhang, Lianxia Zhao
This study investigates manufacturers' vertical integration strategies within two competing three‐tier supply chains, focusing on the dynamics of asymmetric supply chains. This asymmetry stems from varying customer loyalties toward two products engaged in pricing and quality competition. By characterizing the equilibrium operational decisions and integration choices, we provide insights into how asymmetric
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Judicial efficiency, debt structure, and cost of debt Managerial and Decision Economics (IF 1.379) Pub Date : 2024-04-10 Inmaculada Aguiar‐Díaz, Ewelina Monica Mruk, María Victoria Ruiz‐Mallorquí
In the framework of law and finance literature, this study investigates the link between judicial efficiency and financial debt cost in 1487 non‐financial firms across the euro zone from 2010 to 2021. Utilizing qualitative (rule of law) and quantitative (judicial proceeding length) indicators from the Worldwide Governance Indicators and Doing Business databases, our findings support the hypothesis
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Effects of partial passive ownership on the desirable production timing of the public utility in a mixed upstream market Managerial and Decision Economics (IF 1.379) Pub Date : 2024-04-10 Lili Xu, Yidan Zhang, Sang‐Ho Lee
We consider partial passive ownership (PPO) between upstream and downstream private firms and examine an endogenous production timing of a public utility in a mixed upstream market. We show that the production timing will shift from simultaneous to sequential as the PPO level decreases when the private share of the public utility ownership is low, which is mostly socially desirable. We also show that
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Unraveling the nexus of academic founders and innovation performance: The suppression effect of ownership structure within Sci‐Tech enterprises Managerial and Decision Economics (IF 1.379) Pub Date : 2024-04-10 Zhiguang Li, Yaokuang Li, Xiao Li
This paper aims to examine the influence of academic founders on firm innovation performance from the perspective of equity distribution in entrepreneurial teams. Based on the prospectus data of 466 science and technology enterprises that applied for registration on the STAR Market from 2016 to 2020, we use textual analysis to classify founder identities into academic founder, technical founder, and
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Financial efficiency of healthcare companies in an emerging market Managerial and Decision Economics (IF 1.379) Pub Date : 2024-04-04 Songul Cinaroglu, Burak Pirgaip
Understanding the financial dynamics of healthcare companies is essential for reducing costs while improving access to care and patient outcomes. This study aims to explore the financial efficiency of healthcare companies operating in an emerging stock market. We use conventional and fuzzy data envelopment analysis. We consider liquidity and leverage ratios as input criteria and profitability ratios
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Evaluations of brand management strategies for luxury goods with a hybrid fuzzy multicriteria decision making model Managerial and Decision Economics (IF 1.379) Pub Date : 2024-04-04 Tsuen-Ho Hsu, Ling-Zhong Lin, Chun-Hsien Chen
The previous studies on brand attachment (BA) are relatively limited to exploring the relation between the customer's BA and loyalty from the enterprise's perspective. This study employs a hybrid fuzzy multicriteria decision-making model with a quality function deployment (QFD) and a fuzzy association matrix is used to explore customer BA and the corresponding BA management strategies for enhancing
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Influence of peer information and personality on social exclusion in a three‐person dictator game Managerial and Decision Economics (IF 1.379) Pub Date : 2024-04-09 Manfred Königstein, Miriam Zschoche, Tashauna A. Brown, Moritz Königstein
We study the conflict between financial interests and prosocial behavior in a new variant of a three‐person dictator game, which we refer to as “social exclusion game.” In this game, one person, the dictator, decides whether all three players (the dictator and two receivers) receive the fair outcome (equal payoffs) or an unfair outcome, which excludes one of the receivers and raises the dictator's
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Product rolling strategies in competitive scenarios based on differential games Managerial and Decision Economics (IF 1.379) Pub Date : 2024-04-06 Huijie Li, Deqing Tan
In competitive scenarios, we analyze the optimal pricing, launch timing, and influencing factors of new products by establishing three differential game models. The findings indicate that (1) the depreciation rate of old products directly impacts the pricing strategies of advantaged and disadvantaged enterprises. Enterprises with competitive advantages tend to set higher prices for new products when
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Comparative study of robust optimization model of multimaterial emergency logistics in an uncertain environment Managerial and Decision Economics (IF 1.379) Pub Date : 2024-04-06 Liang Chen
Given the significance of objective functions in alleviating human suffering within the humanitarian relief supply chain, it is imperative to consider both logistics costs and the cost of deprivation as ideal targets. This study investigates a multimaterial single‐cycle stochastic mixed integer model, integrating uncertainties about post‐disaster demand, supply survival, and road networks. An innovative
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Absorptive capacity, product heterogeneity and technology licensing under different fee scenarios Managerial and Decision Economics (IF 1.379) Pub Date : 2024-04-06 Huang Wenqing, Wang Jie
Since a licensee does not always fully absorb technology in the process of technology licensing, based on the consideration of incomplete absorption, this paper establishes a game model consisting of a technology research and development firm and two licensee firms, to explore the most licensing strategies of the licensing firms as well as the optimal social welfare of the licensee under different
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Advertising expenditures and unobserved heterogeneity in bank performance: A conditional nonparametric frontier analysis Managerial and Decision Economics (IF 1.379) Pub Date : 2024-04-05 Stephanos Papadamou, Panayiotis G. Tzeremes, Nickolaos G. Tzeremes
This study utilizes a probabilistic production analysis framework to explore the relationship between advertising expenditure and operational efficiency in major U.S. banks (2001–2020). Findings reveal a non‐linear, positive correlation between advertising spending and banks' technological innovation capacity. Higher advertising investments enhance banks' competitiveness and drive technological progress
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The evolution of the trust relationship between the family and its external advisors throughout generations: A family business perspective Managerial and Decision Economics (IF 1.379) Pub Date : 2024-04-05 Ine Umans, Maarten Corten, Tensie Steijvers
This study delves into the evolving dynamics of the trust relationship between the family and its external advisors across generations in family firms, a crucial, yet underexplored topic in the family firm literature. Anchored in the resource‐based view, family firms leverage external advisors to compensate for internal resource deficits. Employing a qualitative multiple case study approach, our research
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Real versus accounting earnings management: The effect of performance measure timing constraints Managerial and Decision Economics (IF 1.379) Pub Date : 2024-04-01 Michael Krapp, Wolfgang Schultze, Andreas Weiler
We study the influence of stricter rules for determining performance measures for compensation contracts on managers' choice between real and accounting earnings management. Constraints, like accounting regulation or corporate governance, limit managers' influence on performance measures. We find that tighter constraints intensify real earnings manipulation, because they reduce incentives for managers
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Pricing strategies considering online reviews in a dual-channel supply chain Managerial and Decision Economics (IF 1.379) Pub Date : 2024-04-02 Huan-huan Zhao, Jing-yu Xu
Accompanied by the surge in online consumption, increasing online reviews exert more and more significant effects on pricing decisions, as well as the restructuring and profit redistribution of supply chains. To analyze the impact of online reviews, we develop a two-stage model of the retailer's rebate strategy, examine how the retailer's rebate affects online reviews, the consumer's perceived utility
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The interplay between blockchain adoption and green operations for a firm Managerial and Decision Economics (IF 1.379) Pub Date : 2024-04-02 Huanyong Zhang, Chenchen Zhu, Wen Zhang
This study considers a firm selling only green products or both ordinary and green ones to consumers with or without blockchain technology. We find that the profitability of adoption of this technology for the firm relies heavily on consumers' environmental awareness. It should be adopted when consumers have relatively high environmental awareness. Here, the selling price, sales, and greenness level
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How to promote the digital business model innovation of high‐tech SMEs through government venture capital? An evolutionary game perspective Managerial and Decision Economics (IF 1.379) Pub Date : 2024-04-02 Hang Yin, Jiaxin Liu, Nengmin Zeng
Digital business model innovation plays a crucial role in the growth of high‐tech small and medium‐sized enterprises (SMEs). In this research, we introduced tripartite evolutionary game models that include the government, venture capital (VC) institutions, and high‐tech SMEs, operating within the context of government venture capital. Within the scenarios of government revenue and loss compensation
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Optimal contract design for carbon emission reduction in a green supply chain: Monetary incentive vs. symbolic incentive Managerial and Decision Economics (IF 1.379) Pub Date : 2024-04-01 Yangyang Wang, Lan Fang, Mingchun Jiang
A supply chain with a manufacturer and a seller is studied in this paper for the impact of monetary and symbolic incentives on reducing carbon emissions. It is the responsibility of the manufacturer to invest in carbon emission abatement technologies and that of the seller to sell such products to consumers with green preferences. The study findings reveal that (1) both monetary and symbolic incentives
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Production and carbon emission reduction decisions of remanufacturing firms with low‐carbon credit financing under uncertain demand Managerial and Decision Economics (IF 1.379) Pub Date : 2024-04-01 Weida Chen, Zhouhao Chen
This paper investigates the optimal production and carbon reduction strategy for a capital‐constrained remanufacturing firm considering demand uncertainty. The remanufacturing firm can accept low‐carbon credit financing. We construct optimization models with no financing and low‐carbon credit financing and analyze the impacts of capital, carbon emission caps, and other factors on the remanufacturer's
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Drug procurement and coordination decision under non‐directed donation behavior Managerial and Decision Economics (IF 1.379) Pub Date : 2024-03-29 Renbang Shan, Li Luo
The frequent occurrence of public emergencies seriously threatens human health. As the supplier of drugs, besides producing drugs, pharmaceutical manufacturers also actively launch drug donations. However, whether this donation will affect the procurement decisions of hospital pharmacies and help relieve the supply pressure is worthy of attention. This paper aims to analyze the procurement and donation
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How green advertising and power structures affect competition between green and non‐green manufacturers? Managerial and Decision Economics (IF 1.379) Pub Date : 2024-03-29 Sisi Wu, Jian Cao, Jiayang Xu, Sanjay Kumar
Considering scenarios with and without green advertising, we compare the optimal solutions and performance of both green and non‐green manufacturers under three power structures. Green manufacturers who invest in green advertising experience enhanced output and profits, with the highest level of green advertising and profit improvement when they dominate market. In most cases, green advertising investment
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Examining the role of artificial intelligence in advancing pollution reduction strategies Managerial and Decision Economics (IF 1.379) Pub Date : 2024-03-29 Fang Liu, Chen Liang
This study is based on the panel data from 2006 to 2020 to explore the relationship between artificial intelligence (AI) and pollution emission. The study demonstrates a notable and statistically significant reduction in pollution emission intensity attributable to AI. This finding is robust, holding up under various sensitivity analyses and addressing endogeneity using instrumental variable techniques
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Bilateral communication in procurement auctions Managerial and Decision Economics (IF 1.379) Pub Date : 2024-03-29 Jeannette Brosig‐Koch, Timo Heinrich, Martin Sterner
We ask how buyers can make use of bilateral communication in a procurement setting with moral hazard. We focus on a setting where buyers and potential sellers can exchange cheap‐talk messages before trading and where the seller is determined via a buyer‐determined procurement auction. In this type of auction, buyers can freely choose among bidders based on bidders' observable characteristics and the
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Merger and acquisition, firm‐level cybersecurity risk, and research and development intensity Managerial and Decision Economics (IF 1.379) Pub Date : 2024-03-29 Giang Thi Minh Vu, Khanh Hoang, Huy Viet Hoang
This paper investigates the relationship between firm‐level cybersecurity risk and merger and acquisition (M&A) activities of firms in the United States from 2007 to 2018. Using a novel measure of firm‐level cybersecurity risk and the multivariate regression analysis, we find empirical evidence of a positive association between M&A and cybersecurity risk. Interestingly, cybersecurity risk only increases
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Demand‐driving innovation, advertising nuisance, and a media platform optimal pricing Managerial and Decision Economics (IF 1.379) Pub Date : 2024-03-28 Chokri Aloui, Khaïreddine Jebsi
This paper explores the incentives of a monopolistic media platform to invest in demand‐driving innovation when the interactions between its customer groups (eyeballs and advertisers) are countervailing. We investigate whether media innovation contributes to resolving the trade‐off between catering to both groups (or sides) and minimizing advertising nuisance. We identify an innovation threshold guiding
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For showing only, for selling only, or for hybrid? Physical store deployment for a manufacturer in online retailing Managerial and Decision Economics (IF 1.379) Pub Date : 2024-03-28 Yanting Li, Cuihua Zhang, Chunyu Li, Simeon J. MacMillen
Manufacturers in online retailing are exploring a physical store option: showroom, retail store, or hybrid model. We've built game‐theoretic models to study their deployment strategies and channel preferences of e‐tailers and consumers. Our analysis reveals that manufacturers opt for a hybrid store with a small showrooming effect, showroom with a significant effect, but rarely a retail store. Consumers
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Research on the influence mechanism of digital innovation in high‐tech enterprises — An inter‐organizational perspective Managerial and Decision Economics (IF 1.379) Pub Date : 2024-03-27 Hongyang Wang, Baizhou Li
Carrying out digital innovation is the main channel for enterprises to stimulate internal vitality and enhance core competitiveness in the digital economy era. Based on the Panel data of A‐share listed high‐tech enterprises from 2011 to 2020, this paper integrates digital strategy, executive incentive, and financial flexibility into the same analytical framework from an inter‐organizational perspective
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Recycling investment strategies in two‐sided competition with diverse vertical structures Managerial and Decision Economics (IF 1.379) Pub Date : 2024-03-26 Jing Liu, Kai Li, Liming Zhang, Shuling Xu
The supply chain consisting of an original equipment manufacturer (OEM) and a downstream retailer encounters vertical competition along with two‐sided competition from a third party remanufacturer (3PR). The two‐sided competition refers to competition in both recycling and sales. We investigate the recycling investments by the OEM and retailer in diverse vertical structures. Our findings indicate that
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The effects of government subsidy on manufacturers' technology sharing behavior with risk consideration Managerial and Decision Economics (IF 1.379) Pub Date : 2024-03-26 Yufei Lin, Weijun Zeng
This studycie focuses on how consumer subsidy (COS) and manufacturer subsidy (MAS) influence a focal risk‐averse manufacturer's technology sharing, who balances between risk pooling effect and competition effect along with new entry for decision. When consumers' uncertain valuations are highly positively (or negatively) correlated for the manufacturers' products, the higher COS and the higher MAS can
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Financing and ordering decisions in a risk‐averse dual‐channel supply chain: Interactive impacts of revenue sharing rate and dividend proportion Managerial and Decision Economics (IF 1.379) Pub Date : 2024-03-23 Zhiyuan Zhen, Lan Jiang, Yue Yu
The paper studies a dual‐channel supply chain in which the capital‐constrained retailer operating the reselling channel is risk‐averse, whereas both the supplier and the platform operating the direct retail channel exhibit risk‐neutral. The traditional retailer chooses supplier financing (SF), platform investment (PI), or non‐financing (NF) to meet uncertain demand. Examining three scenarios using
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Digital firm regulation strategy with privacy data protection costs Managerial and Decision Economics (IF 1.379) Pub Date : 2024-03-22 Hongjun Lv
Although the significant effects of protecting users' private data in the era of the digital economy have been recognized, digital firm regulation strategies based on privacy data protection costs remain unclear. We propose a theoretical model in which users have different perceived risks related to their personal data disclosure. We characterize how the revenue model of a digital firm shapes its optimal
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Platform investment and creators' quality choice Managerial and Decision Economics (IF 1.379) Pub Date : 2024-03-17 Limei Chen, Yanru Wang
Creative tools on content platforms significantly increase content quantity by reducing entry barriers. However, tools such as TikTok video templates primarily facilitate the production of relatively lower‐quality content, negatively impacting content quality due to creative limitations and style uniformity. Why do some platforms develop these tools while others do not? We develop a game‐theoretic
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Research on enterprise production decision‐making considering consumer heterogeneity under carbon labeling system Managerial and Decision Economics (IF 1.379) Pub Date : 2024-03-16 Shuai Jin, Jiali Shen, Francis Tang Dabuo
The article focuses on consumers with heterogeneous preferences for product carbon footprints under two carbon labeling systems: carbon reduction labels and carbon footprint labels. Using mathematical models, the study explores the optimal decision‐making behavior of enterprises under the carbon labeling system based on consumer utility theory at the enterprise level. It also investigates consumer
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Optimal investment timing and size decision‐making with jump risk and time‐inconsistent preferences Managerial and Decision Economics (IF 1.379) Pub Date : 2024-03-14 Hang Wang, Zhijun Hu
This paper analyzes a firm's investment timing and capacity decision by considering the manager's time‐inconsistent preferences and continuous economic depreciation of the capital stock cannot be completely offset. The demand shock of the underlying product evolves according to a double exponential jump‐diffusion process. Within a real options framework, we derive the explicit expressions for the optimal
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CEO turnover, ESG‐washing, and firm value Managerial and Decision Economics (IF 1.379) Pub Date : 2024-03-13 Ji Seon Yoo, Won Ja Song, Ja Eun Ku
This study investigates the effects of chief executive officer (CEO) turnover on myopic investment decisions and firm value. A variable for environment, social, and governance (ESG)‐washing is designed and employed as an alternative proxy for myopic investment. We find that firms with more frequent CEO turnover are more likely to engage in ESG‐washing as a form of myopic investment to meet short‐term
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Corporate financialisation, market attention and analyst tracking Managerial and Decision Economics (IF 1.379) Pub Date : 2024-03-07 Hongjing Pu, Mengyun Zhang
As an effective external governance factor, the effectiveness of analysts' governance and tracking options has been one of the most important topics of research. In recent years, there has been an influx of capital from real companies into finance, real estate and other industries related to the virtual economy, which has a significant impact on the financial position of companies and can also affect
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Deciphering trust mechanisms in blockchain platforms: A multifaceted experimental exploration Managerial and Decision Economics (IF 1.379) Pub Date : 2024-03-05 Cheng Xu, Yanqi Sun
Blockchain technology, celebrated for its transparency and immutability, has emerged as a transformative force across various industries. However, the nuanced mechanisms by which these attributes cultivate user trust remain enigmatic. This study embarks on an empirical odyssey to elucidate the multifaceted relationship between transparency, immutability, and user trust within blockchain platforms,
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Game‐theoretic approaches to product introduction strategies for durable products Managerial and Decision Economics (IF 1.379) Pub Date : 2024-03-06 Davood Pirayesh Neghab, Jorge Restrepo Diaz, Mucahit Cevik, M. I. M. Wahab
New product demand continuously fluctuates throughout the life of the product. As a result, markets typically experience high volatility. Most companies operate in highly competitive industries where the product volume supplied by the competitors significantly affects production plans. These conditions necessitate companies to be flexible and rapidly adapt to such volatility. In this study, we investigate
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Issue Information Managerial and Decision Economics (IF 1.379) Pub Date : 2024-03-06
No abstract is available for this article.
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Game changers or money pits? Asymmetric impact of sports facilities investment on football revenue Managerial and Decision Economics (IF 1.379) Pub Date : 2024-03-04 Wanxia Tang, Xiaolin Zhang
Our investigation explores the asymmetric association between sports facilities investment and football revenue in the top 10 nations with the highest sports facilities investment. This study employs a distinctive methodology, “Quantile‐on‐Quantile,” to probe the interconnectedness of time series within each country. The findings reveal that investments in sports facilities have a predominantly positive
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Strategic analysis of green technology unilateral licensing under carbon cap‐and‐trade policy Managerial and Decision Economics (IF 1.379) Pub Date : 2024-03-01 Gui‐Hua Lin, Yang‐Ping Liu, Qi Zhang
We investigate green technology unilateral licensing strategies between two competing manufacturers under carbon cap‐and‐trade policy. We construct Nash game models and compare the optimal strategies in the unilateral licensing situation with the no‐licensing situation. Comprehensive numerical experiments are taken to investigate the influence of some key parameters on optimal decisions. Our findings
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Dynamic game evolution complexity of new energy and fuel vehicle manufacturers under carbon cap‐and‐trade policy Managerial and Decision Economics (IF 1.379) Pub Date : 2024-02-29 Junhai Ma, Binshuo Bao, Lixia Liu, Xiaoyan Wang
Considering customers' preferences for low‐carbon products, the paper delves into the short‐run and long‐run repetitive game involving three oligopolistic manufacturers engaged in the production of new energy vehicles (hybrid electric vehicles [HEV] and battery electric vehicles [BEV]) and conventional fuel vehicles (FV) within the framework of a carbon cap‐and‐trade policy (CaT). In the short‐run
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Contract manufacturer encroachment via the customer‐to‐manufacturer strategy under different platform selling modes Managerial and Decision Economics (IF 1.379) Pub Date : 2024-02-28 Huaqing Qiu, Xuejie Ren, Lindu Zhao
This paper considers an outsourced supply chain comprising a contract manufacturer (CM), an original equipment manufacturer (OEM) and an online platform. In addition to providing contract manufacturing services to the OEM, the CM enters the market using the customer‐to‐manufacturer (C2M) strategy. Two baseline models and four encroachment models with different selling modes are modeled to explore the
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Preemptive patenting, secondary patents, and the persistence of monopoly Managerial and Decision Economics (IF 1.379) Pub Date : 2024-02-27 Dragan Miljkovic
We develop a theoretical economic model that establishes the link between fragmented patenting systems in an industry already characterized as a monopoly resulting in continuous/steady monopolistic market structure. We demonstrated that preemptive patenting strategy, by using secondary patenting scheme, may lead to an increase in the number of patents without changing actual number of products on the
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On subjective well‐being and excess strategy to cope with financial‐scarcity problem Managerial and Decision Economics (IF 1.379) Pub Date : 2024-02-27 Arie Sherman, Hila Axelrad, Guy Barokas
Modern economic theory asserts that consumers experiencing the scarcity problem should try to enlarge their budget. By contrast, relying on the ancient Greeks' perspective, we present a mathematical model demonstrating that higher investment in reducing material desires is positively associated with higher welfare. We present evidence from 999 participants aged 25–65 survey, showing that adopting the
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Analysis of the spatial influences on innovation efficiency of enterprises with different ownership in China: high‐tech industry as an example Managerial and Decision Economics (IF 1.379) Pub Date : 2024-02-23 Suyuan Shao, Xiao Chen, Xijian Hu
Enterprises have different behavioral characteristics depending on their ownership structure and their nature and play different roles in promoting economic development. In order to explore the innovation behavior characteristics of private enterprises, state‐owned enterprises, Hong Kong‐, Macao‐, and Taiwan‐funded enterprises, and foreign‐funded enterprises in China's high‐tech industry, this paper
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A multiagent collaborative development strategy for environmental pollution liability insurance based on an evolutionary game Managerial and Decision Economics (IF 1.379) Pub Date : 2024-02-23 Yan Zhao, Ruyan Cheng
To improve the problem of environmental pollution liability insurance, this paper constructs an evolutionary game model based on the government, insurance companies, and polluting enterprises. The findings indicate that in an imperfect market, penalty and subsidy mechanisms boost insurance rates. Reinsurance facilitates insurer underwriting, prompting gradual government withdrawal. Effective pricing
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Timing and green decisions for competitive manufacturers under demand uncertainty and risk aversion Managerial and Decision Economics (IF 1.379) Pub Date : 2024-02-23 Hongmei Li, Yingshuang Tan
Leveraging real options theory, we have constructed a utility‐based model to examine the influence of uncertainty, risk aversion, and competition on the optimal entry timing for green manufacturers and traditional manufacturers, as well as the degree of greenness for follower products. Our analysis reveals that increased uncertainty and risk aversion enhance the value of investment opportunities for
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Auto parts quality certification and manufacturer regulation: An evolutionary game theory perspective Managerial and Decision Economics (IF 1.379) Pub Date : 2024-02-23 Xin Cai, Dongdong Li, Chaofa Wang
This paper explores a two‐population evolutionary game that models the role of manufacturer regulation as a motivation to auto parts quality certification. In particular, we assume that auto parts suppliers can choose whether or not to obtain the certification, ensuring a relatively high quality of the products, and manufactures can choose whether or not to engage in regulation for certification facilitation
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Mental accounting, heuristics, and the second‐best: Solving the calculator‐jacket puzzle Managerial and Decision Economics (IF 1.379) Pub Date : 2024-02-21 Elias L. Khalil
This paper conceives mental accounting along Kahneman's “mental economy,” specifically as a heuristic. This mental‐accounting‐as‐heuristic conception allows us to solve the calculator‐jacket puzzle. The opportunity cost of time is not constant but roughly varies with the variation of the item's value. As the value of the item rises, the decision maker (DM) should be more attentive. However, the measurement
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Do college anti-plagiarism/cheating policies have teeth in the age of AI? Exploratory evidence from the Internet Managerial and Decision Economics (IF 1.379) Pub Date : 2024-02-17 Rajeev K. Goel, Michael A. Nelson
The advent of artificial intelligence (AI) has challenged academic institutions to ensure ethical practices and reward/promote merit. Adding formal insights into the importance of maintaining academic integrity, this paper examines the association of anti-plagiarism/anti-cheating policies with resources that facilitate such behavior. Using unique internet search indices of policies and resources, we
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Digital economy policy and enterprise digital transformation: Evidence from innovation and structural effect Managerial and Decision Economics (IF 1.379) Pub Date : 2024-02-17 Deheng Xiao, Can Zhang, Yongjian Huang
Using a sample from 2010 to 2021 of listed companies in Shanghai and Shenzhen A-shares, we explore the effect of digital economy policy (DEP) at city level on enterprise digital transformation (EDT). We find that DEP can promote EDT. And the outcome remains valid following a sequence of rigorous tests to assess its robustness and account for endogeneity. Further analysis indicates that DEP plays roles
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What motivates independent directors to join or leave boards? The interplay between director incentives, director decisions, and firm outcomes Managerial and Decision Economics (IF 1.379) Pub Date : 2024-02-15 Corinna Ewelt-Knauer, Hannes Gerstel, Mohamed A. Khaled, Arnt Wöhrmann
Reputation, monetary, risk, and workload incentives affect independent directors' decisions to join new or leave existing board of directors' seats, impacting their directorship portfolios. Using a director's perspective and relative incentive proxies, we find that directors strategically relinquish less prestigious board seats to increase their reputation. Similarly, we hypothesize and find that accepting
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The communication effect of promotion strategies, altruism, and egoism in the context of omnichannel cause-related marketing: An experimental study Managerial and Decision Economics (IF 1.379) Pub Date : 2024-02-14 Hsin-Hui Lin, Jia-Yun Chen, Jih-Hua Yang
This study investigates the effect of promotion strategies, altruism, and egoism on consumers' digital participation, attitudinal loyalty, and behavioral loyalty within the context of omnichannel cause-related marketing. A scenario simulation method with a 3 × 2 × 2 factorial design is used to investigate the impact of the three promotion strategy types (celebrity endorsement, expert endorsement, and
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Quality disclosure strategy in a competitive environment with consumers' homogeneity and heterogeneity Managerial and Decision Economics (IF 1.379) Pub Date : 2024-02-08 Yong Tan, Chenyu Wang, Ziwei Zhou, Ruixiao Dong, Xu Guan
This study examines the optimal pricing and disclosure strategies of sellers who possess private quality information. We consider two market structures, namely, monopoly market and duopoly market; under each market structure, we further consider two characteristics of consumer preferences for the same product: homogeneity and heterogeneity. How competition and whether consumers are heterogeneous affects
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Teaching, research, and third mission efficiency of universities: A data envelopment analysis and hybrid multi-criteria decision-making approach Managerial and Decision Economics (IF 1.379) Pub Date : 2024-02-08 Muammer Maral, Münevver Çetin
Previous studies on the efficiency of higher education institutions have generally approached the functions of higher education from a limited perspective, and the studies have followed traditional methods. The aim of this study is to determine the teaching, research, and third mission technical efficiency of universities, to rank efficient universities, to identify potential areas for improvement