The Experts below are selected from a list of 16546239 Experts worldwide ranked by ideXlab platform
Desheng Wu - One of the best experts on this subject based on the ideXlab platform.
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coordination of competing supply chains with news vendor and buyback contract
International Journal of Production Economics, 2013Co-Authors: Desheng WuAbstract:Under the competing supply chain framework, we examine the impact of buyback policy on retail price, order quantity and wholesale price in a duopoly of two manufacturer–retailer supply chains. Demand is assumed to follow a general distribution similar to a newsvendor case. We consider two channel policies for both competing supply chains: Vertical Integration (VI) and Manufacturer's Stackelberg (MS). We show that buyback strategy can lead to a higher profit than non-buyback in both VI and MS in competing supply chains, which is consistent with existing result in a single supply chain. We also show that the profits obtained by the supply chain individuals and the entire supply chain profit increase as the chain competition increases.
Xiaoxue Zheng - One of the best experts on this subject based on the ideXlab platform.
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cooperative game approaches to coordinating a three echelon closed loop supply chain with fairness concerns
International Journal of Production Economics, 2019Co-Authors: Xiaoxue Zheng, Zhi Liu, Jun Huang, Ji ChenAbstract:Abstract This paper investigates a three-echelon closed-loop supply chain (CLSC) consisting of a manufacturer, a distributor, and a retailer, where the retailer exhibits fairness concerns. Cooperative and non-cooperative game theoretic analyses are employed to characterize interactions among different parties. Analytical results confirm the conventional wisdom: with the retailer's fairness concerns, the channel profits under the decentralized and partial-coalition models underperform that under the centralized model. To find an appropriate profit allocation scheme to coordinate the supply chain system with fairness concerns, we resort to the cooperative game theory. To this end, we first derive the characteristic function form of the cooperative game based on the equilibrium profits under centralized, decentralized and different partial-coalition models. Subsequently, we propose three coordination mechanisms based on the Shapley value, nucleolus solution, and equal satisfaction to allocate surplus profit. The three mechanisms are then evaluated by using numerical experiments. We further examine how the retailer's fairness concerns affect profit allocation under the three mechanisms. The key innovation is to incorporate the retailer's fairness concerns into the coordination of a three-echelon CLSC. Our contributions are twofold: First, cooperative game-theoretic mechanisms are put forward to coordinate the three-echelon CLSC with a fairness-minded retailer. Second, we investigate how the retailer's fairness concerns affect the CLSC members' pricing decision and surplus profit allocation. Our studies confirm that the resulting profit allocation schemes satisfy both individual and collective rationality and fall in the core of the cooperative game, thereby making the grand coalition stable and suggesting viable options to coordinate the CLSC system. Further analyses reveal that different coordination mechanisms benefit the three CLSC members differently. These research findings help CLSC managers to understand what options are available and identify possible pathways for them to foster cooperation and achieve equitable allocation of surplus profit.
Yenming J Chen - One of the best experts on this subject based on the ideXlab platform.
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impact of government financial intervention on competition among green supply chains
International Journal of Production Economics, 2012Co-Authors: Jiuhbiing Sheu, Yenming J ChenAbstract:This work analyzes the effects of governmental financial intervention on green supply chain competition using a three-stage game-theoretic model. Nash equilibrium solutions for governmental and chain member decisions are derived. Analytical results suggest that the government should adopt green taxation and subsidization to ensure that green profit attributed to green-product production is non-negative. Strategically, low-wholesale-price strategies are suggested to recycled-component suppliers under green subsidization to stimulate manufacturers' intention of green product production under green taxation. Numerical results reveal that under equilibrium conditions, social welfare and chain-based profits improve by 27.8% and 306.6%, respectively, compared with the case without financial intervention.
Gilberto Tadeu Lima - One of the best experts on this subject based on the ideXlab platform.
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macroeconomic performance under evolutionary dynamics of employee profit sharing
Review of Keynesian Economics, 2020Co-Authors: Gilberto Tadeu Lima, Jaylson Jair Da SilveiraAbstract:This paper investigates the impact on capacity utilization and economic growth as variables driven by effective demand of income distribution featuring the possibility of profit-sharing with workers. Firms choose to compensate workers with either a base wage or a share of profits on top of this base wage. In accordance with robust empirical evidence, workers in sharing firms have higher productivity than workers in non-sharing firms. The distribution of employee compensation strategies and labor productivity across firms is evolutionarily time-varying. Two major results carrying relevant theoretical and policy implications are obtained. First, heterogeneity in employee compensation strategies across firms (and therefore earnings inequality across workers) may emerge as a long-run equilibrium outcome. Second, beyond the short run, a higher fraction of profit-sharing firms may result in either higher or lower rates of capacity utilization and economic growth.
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employee profit sharing and labor extraction in a classical model of distribution and growth
Anais do XLIV Encontro Nacional de Economia [Proceedings of the 44th Brazilian Economics Meeting], 2018Co-Authors: Jaylson Jair Da Silveira, Gilberto Tadeu LimaAbstract:This paper sets forth a classical model of economic growth in which the distribution of income features the possibility of profit sharing with workers, as firms choose periodically between two labor-extraction compensation strategies. Firms choose to compensate workers with either solely a conventional wage or a share of profits on top of this conventional wage. In accordance with considerable empirical evidence, labor productivity in profit-sharing firms is higher than labor productivity in non-sharing firms. The frequency distribution of labor-extraction compensation strategies and labor productivity across firms is evolutionarily time-varying as driven by satisficing imitation dynamics. We derive two main results which carry relevant implications. First, heterogeneity in labor-extraction compensation strategies across firms can be a stable long-run equilibrium configuration. Second, though the convergence to a long-run, evolutionary equilibrium may occur with either a falling or increasing proportion of profit-sharing firms, the net share of profits in aggregate income and the rates of net profit, capital accumulation and economic growth, all nonetheless converge to their highest possible long-run equilibrium values (This abstract was borrowed from another version of this item.)
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macroeconomic performance under evolutionary dynamics of employee profit sharing
Anais do XLIV Encontro Nacional de Economia [Proceedings of the 44th Brazilian Economics Meeting], 2018Co-Authors: Gilberto Tadeu Lima, Jaylson Jair Da SilveiraAbstract:This paper investigates the impact on capacity utilization and economic growth as variables driven by effective demand of income distribution featuring the possibility of profit-sharing with workers. Firms choose to compensate workers with either a base wage or a share of profits on top of this base wage. In accordance with robust empirical evidence, workers in sharing firms have higher productivity than workers in non-sharing firms. The distribution of employee compensation strategies and labor productivity across firms is evolutionarily time-varying. Two major results carrying relevant theoretical and policy implications are obtained. First, heterogeneity in employee compensation strategies across firms (and therefore earnings inequality across workers) may emerge as a long-run equilibrium outcome. Second, beyond the short run, a higher fraction of profit-sharing firms may result in either higher or lower rates of capacity utilization and economic growth. (This abstract was borrowed from another version of this item.)
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employee profit sharing and labor extraction in a classical model of distribution and growth
Review of Political Economy, 2017Co-Authors: Jaylson Jair Da Silveira, Gilberto Tadeu LimaAbstract:This paper sets forth a classical model of economic growth in which the distribution of income features the possibility of profit sharing with workers, as firms choose periodically between two labor-extraction compensation strategies. Firms choose to compensate workers with either solely a conventional wage or a share of profits on top of this conventional wage. In accordance with considerable empirical evidence, labor productivity in profit-sharing firms is higher than labor productivity in non-sharing firms. The frequency distribution of labor-extraction compensation strategies and labor productivity across firms is evolutionarily time-varying as driven by satisficing imitation dynamics. We derive two main results which carry relevant implications. First, heterogeneity in labor-extraction compensation strategies across firms can be a stable long-run equilibrium configuration. Second, though the convergence to a long-run, evolutionary equilibrium may occur with either a falling or increasing proportion of profit-sharing firms, the net share of profits in aggregate income and the rates of net profit, capital accumulation and economic growth, all nonetheless converge to their highest possible long-run equilibrium values
Stefanie Stantcheva - One of the best experts on this subject based on the ideXlab platform.
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clearing the bar improving tax compliance for small firms through target setting
Journal of International Economics, 2021Co-Authors: Yazan Alkarablieh, Evangelos Koumanakos, Stefanie StantchevaAbstract:Abstract We use a new dataset of the universe of Greek corporate tax returns to study a voluntary tax compliance program for small firms. This “self-assessment” program prescribed target taxable profit margins (the ratio of taxable profits to revenues) for different types of activities. Firms that reported profit margins above these targets in a given year were exempt from audits in that year. We find that the firms that take up the program report significantly larger taxable profits than non-eligible firms, with some evidence for longer-lasting effects on tax reporting. Firms that take up the program for more years exhibit stronger effects. We also find that firms can easily and substantially manipulate reported revenue (decreasing it by up to 40%) to help meet prescribed profit margins without paying more in taxes. Overall, the program increased tax revenues collected from small firms, but points to a very large level of baseline under-reporting of profits and the ease of manipulating reported revenues.
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clearing the bar improving tax compliance for small firms through target setting
Research Papers in Economics, 2020Co-Authors: Yazan Alkarablieh, Evangelos Koumanakos, Stefanie StantchevaAbstract:We use a new dataset consisting of the universe of Greek corporate tax returns matched to financial statements to study a voluntary tax compliance program for small firms. This "self-assessment" program prescribed target taxable profit margins for different types of activity. Firms that reported profit margins above these targets in a given year were exempt from audits in that year. We find that the firms that take-up the program report significantly larger taxable profits than non-eligible firms, with some evidence of longer-lasting effects on tax reporting. Taxable profits increase by up to 70% of their pre-program levels. We also find that firms can easily and substantially manipulate reported revenue (decreasing it by up to 40%) to help meet prescribed profit margins. Overall, the program increased tax revenues collected from small firms, but points to a very large level of baseline under-reporting of profits and showcases the ease of manipulating reported revenues.
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clearing the bar improving tax compliance for small firms through target setting
Social Science Research Network, 2020Co-Authors: Yazan Alkarablieh, Evangelos Koumanakos, Stefanie StantchevaAbstract:We use a new dataset of the universe of Greek corporate tax returns to study a voluntary tax compliance program for small firms. This “self-assessment” program prescribed target taxable profit margins (the ratio of taxable profits to revenues) for different types of activities. Firms that reported profit margins above these targets in a given year were exempt from audits in that year. We find that the firms that take up the program report significantly larger taxable profits than non-eligible firms, with some evidence for longer-lasting effects on tax reporting. Firms that take up the program for more years exhibit stronger effects. We also find that firms can easily and substantially manipulate reported revenue (decreasing it by up to 40%) to help meet prescribed profit margins without paying more in taxes. Overall, the program increased tax revenues collected from small firms, but points to a very large level of baseline under-reporting of profits and the ease of manipulating reported revenues. Institutional subscribers to the NBER working paper series, and residents of developing countries may download this paper without additional charge at www.nber.org.
