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Supplier Development under Supply Risk and Reputational Risk

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Journal of Systems Science and Systems Engineering 2024年第3期33卷 360-388页

作者： Zhaowei Miao Yu Wang Rongjing Zhu Lili Shangguan school of management Xiamen UniversityXiamen361005China school of Economics and management Tsinghua UniversityBeijing100084China

This paper considers the supplier investment decision-making problem in a supply chain consisting of an original equipment manufacturer(OEM),a global supplier,and a local *** reduce dependence on global suppliers and improve supply stability,we develop a differential game model to investigate the optimal investment decisions of the OEM towards the local supplier under different risk scenarios and the impact of different risks on the optimal *** results show that investment efficiency and risks have a significant impact on OEM investment ***,when the OEM has higher investment efficiency,investing in the local supplier is profitable for the OEM;conversely,when the investment efficiency of the OEM is lower,it does not *** addition,an increase in the supply risk of the global supplier will lower the entry threshold for OEM investment,but an increase in the supply risk of the local supplier and the reputational risk of both will increase this threshold,meaning that only the OEM with significantly higher investment efficiency can profit.

关键词： Supplier investment supplier development supply risk reputational risk dual sourcing

Complex adaptive system theory,agent-based modeling,and simulation in dominant technology formation

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Journal of Systems Engineering and Electronics 2024年第1期35卷 130-153页

作者： ZHANG Ruihan SUN Bing Glorious Sun school of Business and management Donghua UniversityShanghai 200051China school of Economics and management Harbin Engineering UniversityHarbin 150001China

Dominant technology formation is the key for the hightech industry to“cross the chasm”and gain an established foothold in the market(and hence disrupt the regime).Therefore,a stimulus-response model is proposed to investigate the dominant technology by exploring its formation process and ***,based on complex adaptive system theory and the basic stimulus-response model,we use a combination of agent-based modeling and system dynamics modeling to capture the interactions between dominant technology and the socio-technical *** results indicate the following:(i)The dynamic interaction is“stimulus-reaction-selection”,which promotes the dominant technology’s formation.(ii)The dominant technology’s formation can be described as a dynamic process in which the adaptation intensity of technology standards increases continuously until it becomes the leading technology under the dual action of internal and external mechanisms.(iii)The dominant technology’s formation in the high-tech industry is influenced by learning ability,the number of adopting users and ***,a“critical scale”of learning ability exists to promote the formation of leading technology:a large number of adopting users can promote the dominant technology’s formation by influencing the adaptive response of technology standards to the socio-technical landscape and the choice of technology standards by the socio-technical *** is a minimum threshold and a maximum threshold for the role of adaptability in the dominant technology’s formation.(iv)The socio-technical landscape can promote the leading technology’s shaping in the high-tech industry,and different elements have different *** study promotes research on the formation mechanism of dominant technology in the high-tech industry,presents new perspectives and methods for researchers,and provides essential enlightenment for managers to formulate technology strategies.

关键词： complex adaptive system theory agent-based modeling and simulation dominant technology socio-technical landscape adaptation-choice

Customer Joining Behavior and Regulation Strategy in Visible Multi-Server Queues with Synchronous Vacations of Partial Servers

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Journal of Systems Science & Complexity 2024年第3期37卷 1209-1232页

作者： SUN Wei WANG Hao XIE Xumeng LI Shiyong school of Economics and management Yanshan UniversityQinhuangdao 066004China

This paper studies customer joining behavior and system regulation strategy in nonexhaustive visible M/M/m queues with synchronous vacations of a part of the *** this part of the servers are idle,they take multiple vacations simultaneously(vacation period).Until there are customers waiting in the queue,they are reactivated and all servers are busy or idle(busy period).The authors call this part of the servers as“partial servers”.In view of the fully visible queue and the almost visible queue,the authors obtain customers’equilibrium joining threshold strategies and their socially optimal joining threshold strategies,respectively,and observe that customer joining behavior in equilibrium generally makes the system overcrowded,which makes the equilibrium social welfare lower than the optimal social *** regulation,interestingly,for optimizing social welfare,the system manager hopes not only customers arriving in vacation period pay attention to the number of partial servers,but also customers arriving in busy period should care about it rather than ***,arranging more servers for vacation does not necessarily lead to the decrease of social welfare on condition that the number of partial servers is close to *** for the information advantage of the fully visible case,it is not obvious for increasing social welfare and even unfavorable to servers’profit unless the number of partial servers is big ***,given the different composition of social welfare,there exists the optimal number of partial servers and the optimal arrival rate of customers for maximizing social welfare.

关键词： Customer behavior non-exhaustive service partial servers regulation strategy synchronous vacations visible queue

Non-Convex Optimization of Resource Allocation in Fog Computing Using Successive Approximation

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Journal of Systems Science & Complexity 2024年第2期37卷 805-840页

作者： LI Shiyong LIU Huan LI Wenzhe SUN Wei school of Economics and management Yanshan UniversityQinhuangdao 066000China

Fog computing can deliver low delay and advanced IT services to end users with substantially reduced energy ***,with soaring demands for resource service and the limited capability of fog nodes,how to allocate and manage fog computing resources properly and stably has become the ***,the paper investigates the utility optimization-based resource allocation problem between fog nodes and end users in fog *** authors first introduce four types of utility functions due to the diverse tasks executed by end users and build the resource allocation model aiming at utility ***,for only the elastic tasks,the convex optimization method is applied to obtain the optimal results;for the elastic and inelastic tasks,with the assistance of Jensen’s inequality,the primal non-convex model is approximated to a sequence of equivalent convex optimization problems using successive approximation ***,a two-layer algorithm is proposed that globally converges to an optimal solution of the original ***,numerical simulation results demonstrate its superior performance and *** with other works,the authors emphasize the analysis for non-convex optimization problems and the diversity of tasks in fog computing resource allocation.

关键词： Fog computing non-convex optimization optimal resource allocation successive approximation method utility function

Semi-Varying Coefficient Panel Data Model with Technical Indicators Predicts Stock Returns in Financial Market

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Journal of Systems Science & Complexity 2024年第4期37卷 1638-1652页

作者： HU Xuemei PAN Ying LI Xiang school of Mathematics and Statistics Chongqing Technology and Business UniversityChongqing 400067China Chongqing Key Laboratory of Social economy and Applied Statistics Chongqing 400067China Research Center for economy of Upper Reaches of the Yangtse River Chongqing Technology and Business UniversityChongqing 400067China

Accurately predicting stock returns is a conundrum in financial *** this conundrum can bring huge economic benefits for investors and also attract the attention of all circles of *** this paper the authors combine semi-varying coefficient model with technical analysis and statistical learning,and propose semi-varying coefficient panel data model with individual effects to explore the dynamic relations between the stock returns from five companies:CVX,DFS,EMN,LYB,and MET and five technical indicators:CCI,EMV,MOM,ln ATR,ln RSI as well as closing price(ln CP),combine semi-parametric fixed effects estimator,semi-parametric random effects estimator with the testing procedure to distinguish fixed effects(FE) from random effects(RE),and finally apply the estimated dynamic relations and the testing set to predict stock returns in December 2020 for the five *** proposed method can accommodate the varying relationship and the interactive relationship between the different technical indicators,and further enhance the prediction accuracy to stock returns.

关键词： Fixed effects random effects semi-varying coefficient panel data model stock returns technical indicators

Dynamics of information diffusion and disease transmission in time-varying multiplex networks with asymmetric activity levels

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Chinese Physics B 2024年第3期33卷 690-699页

作者：谢笑笑霍良安董雅芳程英英 Business school University of Shanghai for Science and TechnologyShanghai 200093China school of Intelligent Emergency management University of Shanghai for Science and TechnologyShanghai 200093China school of management Henan University of Science and TechnologyLuoyang 471023China

While the interaction between information and disease in static networks has been extensively investigated,many studies have ignored the characteristics of network *** this study,we construct a new two-layer coupling model to explore the interactions between information and *** upper layer describes the diffusion of disease-related information,and the lower layer represents the disease *** then use power-law distributions to examine the influence of asymmetric activity levels on dynamic propagation,revealing a mapping relationship characterizing the interconnected propagation of information and diseases among partial nodes within the ***,we derive the disease outbreak threshold by using the microscopic Markov-chain approach(MMCA).Finally,we perform extensive Monte Carlo(MC)numerical simulations to verify the accuracy of our theoretical *** findings indicate that the activity levels of individuals in the disease transmission layer have a more significant influence on disease transmission compared with the individual activity levels in the information diffusion ***,reducing the damping factor can delay disease outbreaks and suppress disease transmission,while improving individual quarantine measures can contribute positively to disease *** study provides valuable insights into policymakers for developing outbreak prevention and control strategies.

关键词： information diffusion disease transmission asymmetric activity levels quarantine strength

Research on the Asymmetric Effect of Fixed-Asset Investment on China's Primary Energy Production in the Context of Energy Transformation

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Journal of Systems Science & Complexity 2024年第3期37卷 1163-1183页

作者： CHAI Jian HE Peng ZHANG Xiaokong HOU Yamin school of Economics and management Xidian UniversityXi'an 710126China

Under China’s“Dual Carbon”target(DCT),“clean replacement”on the energy supply side and“electric energy replacement”on the energy consumption side are the ways to achieve energy ***,energy projects have a long construction period,complex technology categories,and investment risks that greatly affect the development of energy *** judging the effect of investment changes on primary energy production is of great practical significance to the realization of the *** on this,NARDL and TVP-SV-VAR models are innovatively used to reveal the nonlinear effect of fixed-asset investment on China’s primary energy *** results show that the marginal effect of investment growth on coal production is about 1.44 times that of investment ***,the marginal effect of oil and gas investment growth is about 1.21times that of investment *** to the influence of resource constraints,China’s traditional fossil energy still has varying degrees of path dependence on the investment-driven development *** non-fossil energy,investment in hydropower and nuclear power has an inverse correlation with the change in *** marginal efficiency and diseconomies of scale have hindered the development of the hydropower and nuclear power *** addition,the asymmetric effect is not yet significant for the short development time and technical constraints of wind and solar *** the impulse response results,the impact curves of investment in wind and solar power are generally positive,and investment has different degrees of time-delay and time-varying effects on various energy production,which verifies the heterogeneity of investment adjustment mechanisms in different energy industries.

关键词： "Dual Carbon"target fixed-asset investment primary energy NARDL nonlinearity

The Role of Consumer Privacy Concerns in Shaping Platform Strategy for Online Markets

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Journal of the Operations Research Society of China 2024年第2期12卷 363-386页

作者： Jin-Kun Yang Yong-Rui Duan Jia-Zhen Huo school Economics and management Tongji UniversityShanghai 200092China

We investigate the effects of consumer privacy concerns on the pricing and personal data collection strategy of an online *** online platform derives revenues from disclosing consumer information to *** compete for the information in order to enable them to price discriminate and thus derive revenues from consumer purchases.A novel aspect of our research is that we allow the online platform to sell only a subset of consumer *** develop analytical models where consumers can/cannot protect their *** analysis yields three main ***,in the monopoly case,we find that when the consumer privacy disclosure aversion cost is relatively low,it is optimal for the platform to sell all consumer information to the ***,in the duopoly case,we illustrate that when the consumer privacy disclosure aversion cost is relatively low,the platform will sell all consumer information to only one firm;when the cost is moderate,the platform will choose to sell the information of only some consumers and to only one firm;when the cost is relatively high,the platform will select only some of the consumers and sell their information to both ***,it will be better for the platform to provide the information protection service for free when the privacy cost is low.

关键词： Price discrimination User privacy Consumer information Two-sided market Privacy disclosure aversion cost

Can a Teacher Salary Increase Promote Students' Educational Performance?

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China & World economy 2024年第4期32卷 114-145页

作者： Tianyang Liu Baozhong Su Jingjing Wang Scott Rozelle College of Economics and management China Agricultural UniversityChina College of Agricultural Economics and management Shanxi Agricultural UniversityChina Stanford Center on China's economy and Institutions Stanford UniversityUSA

Policymakers in China have attempted to improve the quality of rural education by investing in teacher salaries through initiatives like the Rural Teachers Support Plan(RTSP).This study estimates the efects of teacher salary increase on students'educational outcomes in rural China by utilizing the exogenous variations of rural teacher salaries induced by the *** employs an intensity-based difference-in-differences strategy and panel data from 2010 to 2018 with 3,351 rural *** findings reveal that an increase in teacher salaries had a significant positive impact on students'examination *** the results of mechanism analysis indicate that salary increases could have both quality and quantity effects on students'outcomes by increasing the proportion of highly educated teachers and reducing the student-teacher *** findings contribute to the discussion on the importance of teacher salary incentives in education production functions and provide insights for other countries undertaking rural education reforms.

关键词： educational performance rural children Rural Teachers Support Plan teache salary