Abstract
Decision Analysis Simulation of a Low Carbon Supply Chain System based on Different Risk Aversion Models Running on Matlab
Highlights
As China’s economy continues to develop, environmental protection and ecological construction have become increasingly important in economic and social development planning
When the manufacturer is completely risk averse, by comparing the optimal carbon emission reduction level, retail price and wholesale price, we can find that, under the decentralized decision model, all three are independent of the carbon emission cost coefficient and the consumer low carbon preference coefficient, and the wholesale price under the centralized decision model is independent of the two coefficients
In a two-level low carbon supply chain system consisting of a manufacturer and a retailer, the manufacturer first decides the wholesale price and carbon emission reduction level, and the retailer decides the retail price, with both parties playing a Stackelberg game
Summary
The decision problem of a low carbon supply chain system comprising one manufacturer and one retailer under different risk aversion models is studied through comparative simulation analysis of decentralized and centralized decision models. Method: The influences of the risk aversion coefficient, consumer low carbon preference and carbon emission reduction cost coefficient on decision outcomes within the supply chain system are analyzed
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