Using game theory to describe strategy selection for environmental risk and carbon emissions reduction in the green supply chain

This paper provides an approach in the field of cleaner production, by showing how game theory could be applied to better understand the possible actions of government and manufacturers in the context of a ‘game’ to achieve more environmentally friendly products. In order to demonstrate the problem situation of cleaner production more visually, the ‘Gambit’ software package is used to simulate the created game model conceived as a “two person non-cooperative” game. With the improvement of cleaner production, different game scenarios have been generated to reflect the variation trend of strategic actions. The application of game theory is shown to provide a useful insight to inform strategic decision making in both government and manufacturers. In addition, the limitation of the game model and the associated analysis has also been discussed, which lays a foundation for further wor

From Pollution Control Cooperation of Lancang-Mekong River to “Two Mountains Theory”

peer reviewed“Lucid waters and lush mountains are invaluable assets” (referred to as the “Two Mountains Theory”) plays an important role in the process of controlling environmental pollution. This article introduces this practice with an example of pollution control in the Lancang-Mekong River Basin (LMRB). The research considers that the upstream and downstream countries can carry out water pollution control by imposing fines on enterprises that cause ecological damage and investing in pollution control resources. Firstly, the differential game model of pollution control by individual countries and international cooperation is established. Then, a differential game model of joint pollution control with compensation mechanism is established under the cooperation framework. Finally, the feedback Nash equilibrium of each state is obtained. The study shows that in the process of industrial pollution control by countries in the LMRB alone, due to the one-way externality of water pollution control, the more downstream countries are, the more resources will be invested in pollution control and the fewer fines will be imposed on enterprises that cause ecological damage. At the beginning stage of management, if more pollution control resources are input, fewer countries will participate in cooperation, and the fines for polluting enterprise would be less. When the amount of fines for enterprises is relatively small, the establishment of a river pollution compensation mechanism is not conducive to the input of pollution control resources. On the contrary, it is beneficial for the state to invest in pollution control resources. The coordinated development of economic development and ecological civilization construction is the core purpose of the “Two Mountains Theory”. Therefore, the case of the LMRB fully illustrates the feasibility of the “Two Mountains Theory” based on cooperation. © 2022 by the authors. Licensee MDPI, Basel, Switzerland

Path Constitution in Family Business Succession: Evidence from A Longitudinal Case Study

Family businesses balance profit with family, employee, and consumer needs and touch almost every facet of the private and public sectors. At the same time, family businesses must manage the challenging processes attributed to the critical, never-ending succession task. Against that backdrop, we aim to explore how family businesses thrive through multiple successions, focused on how critical path junctures work to create succession trajectories over time. Based on close collaboration with Kinsmith Finance, we researched how family businesses can secure successful successions and increased business longevity across several generations through combinations of path creation episodes adapted to new, emerging circumstances and path dependence episodes that reinforce previous decisions. Hence, designed as a longitudinal case study, we investigated Kinsmith Finance’s three successions as unique cases displaying combinations of path creation and path dependence episodes. As a result, this dissertation contributes to the literature by adapting the theory of path constitution to the context of family business succession. We also provide empirical insights into 79 years of evolution in a family business. Finally, we offer practical insights on path constitution in the context of family business succession

Conflicting Attitudes in Environmental Management and Brownfield Redevelopment

An enhanced attitudes methodology within the framework of the Graph Model for Conflict Resolution (GMCR) is developed and applied to a range of environmental disputes, including a sustainable development conflict, an international climate change negotiation and a selection of brownfield conflicts over a proposed transfer of ownership. GMCR and the attitudes framework are first defined and then applied to a possible Sino-American climate negotiation over reductions in greenhouse gas emissions. A formal relationship between the attitudes framework and relative preferences is defined and associated mathematical theorems, which relate the moves and solution concepts used in both types of analysis, are proven. Significant extensions of the attitudes methodology are devised in the thesis. The first, dominating attitudes is a methodology by which the importance of a decision maker’s (DM’s) attitudes can be used to evaluate the strength of a given state stability. The second, COalitions and ATtitudes (COAT), is an expansion of both the attitudes and coalitions frameworks which allows one to analyze the impact of attitudes within a collaborative decision making setting. Finally, the matrix form of attitudes, is a mathematical methodology which allows complicated solution concepts to be executed using matrix operations and thus make attitudes more adaptable to a coding environment. When applied to environmental management conflicts, these innovative expansions of the attitudes framework illustrate the importance of cooperation and diplomacy in environmental conflict resolution