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Carbon emission reduction and profit distribution mechanism of construction supply chain with fairness concern and cap-and-trade

Fairness concern behavior is extremely common in social life, and many scholars are beginning to pay attention to this behavior. In this study, we investigate a two-echelon construction supply chain that consists of a general contractor and a subcontractor under cap-and-trade policy. We study the ca...

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Detalles Bibliográficos
Autores principales: Jiang, Wen, Yuan, Li, Wu, Lanjun, Guo, Shiyue
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Public Library of Science 2019
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6818783/
https://www.ncbi.nlm.nih.gov/pubmed/31661503
http://dx.doi.org/10.1371/journal.pone.0224153
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author Jiang, Wen
Yuan, Li
Wu, Lanjun
Guo, Shiyue
author_facet Jiang, Wen
Yuan, Li
Wu, Lanjun
Guo, Shiyue
author_sort Jiang, Wen
collection PubMed
description Fairness concern behavior is extremely common in social life, and many scholars are beginning to pay attention to this behavior. In this study, we investigate a two-echelon construction supply chain that consists of a general contractor and a subcontractor under cap-and-trade policy. We study the carbon emission reduction decisions and profit distribution mechanism in the construction supply chain with fairness concern and cap-and-trade. We use the Nash bargaining model to describe the fairness concerns of the construction supply chain members and use the co-opetition model to portray the profit distribution. We show that the fairness concern can impose an adverse influence on firms’ profits and decrease the magnitude of their carbon emission reductions. The subcontractor’s fairness concern causes greater losses to the construction supply chain’s profit. We further demonstrate the impact of fairness concern on the optimal decisions of the general contractor and the subcontractor through numerical analysis.
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spelling pubmed-68187832019-11-01 Carbon emission reduction and profit distribution mechanism of construction supply chain with fairness concern and cap-and-trade Jiang, Wen Yuan, Li Wu, Lanjun Guo, Shiyue PLoS One Research Article Fairness concern behavior is extremely common in social life, and many scholars are beginning to pay attention to this behavior. In this study, we investigate a two-echelon construction supply chain that consists of a general contractor and a subcontractor under cap-and-trade policy. We study the carbon emission reduction decisions and profit distribution mechanism in the construction supply chain with fairness concern and cap-and-trade. We use the Nash bargaining model to describe the fairness concerns of the construction supply chain members and use the co-opetition model to portray the profit distribution. We show that the fairness concern can impose an adverse influence on firms’ profits and decrease the magnitude of their carbon emission reductions. The subcontractor’s fairness concern causes greater losses to the construction supply chain’s profit. We further demonstrate the impact of fairness concern on the optimal decisions of the general contractor and the subcontractor through numerical analysis. Public Library of Science 2019-10-29 /pmc/articles/PMC6818783/ /pubmed/31661503 http://dx.doi.org/10.1371/journal.pone.0224153 Text en © 2019 Jiang et al http://creativecommons.org/licenses/by/4.0/ This is an open access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/) , which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
spellingShingle Research Article
Jiang, Wen
Yuan, Li
Wu, Lanjun
Guo, Shiyue
Carbon emission reduction and profit distribution mechanism of construction supply chain with fairness concern and cap-and-trade
title Carbon emission reduction and profit distribution mechanism of construction supply chain with fairness concern and cap-and-trade
title_full Carbon emission reduction and profit distribution mechanism of construction supply chain with fairness concern and cap-and-trade
title_fullStr Carbon emission reduction and profit distribution mechanism of construction supply chain with fairness concern and cap-and-trade
title_full_unstemmed Carbon emission reduction and profit distribution mechanism of construction supply chain with fairness concern and cap-and-trade
title_short Carbon emission reduction and profit distribution mechanism of construction supply chain with fairness concern and cap-and-trade
title_sort carbon emission reduction and profit distribution mechanism of construction supply chain with fairness concern and cap-and-trade
topic Research Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6818783/
https://www.ncbi.nlm.nih.gov/pubmed/31661503
http://dx.doi.org/10.1371/journal.pone.0224153
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