The Game Analysis of Manufacturers’ Political Connections on Product Safety in Supply Chain : Evidence from China
Joint Authors
Source
Discrete Dynamics in Nature and Society
Issue
Vol. 2013, Issue 2013 (31 Dec. 2013), pp.1-5, 5 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2013-12-05
Country of Publication
Egypt
No. of Pages
5
Main Subjects
Abstract EN
This paper studied the political connections on product safety in supply chain.
In market economy, information asymmetry exists throughout the entirety of supply chains that ought to ensure product safety.
Due to the existence of game relations between the government and manufacturers in the aspects of product safety and regulation, the formation of market equilibrium depends on political connections between the government and manufacturers.
Based on study and analyses of a static game model and a dynamic game model, this paper reveals that governments and manufacturers must use positive political connections to achieve product protection and supervision of safety throughout the supply chain.
On the other hand, negative political connections lead to losses of both governmental credibility and social profits.
This study indicates that inherent mechanism of political connections exists in the supply chain; it will help to enrich the theory of supply chain.
American Psychological Association (APA)
Na, Zhao& Fusheng, Wang. 2013. The Game Analysis of Manufacturers’ Political Connections on Product Safety in Supply Chain : Evidence from China. Discrete Dynamics in Nature and Society،Vol. 2013, no. 2013, pp.1-5.
https://search.emarefa.net/detail/BIM-491265
Modern Language Association (MLA)
Na, Zhao& Fusheng, Wang. The Game Analysis of Manufacturers’ Political Connections on Product Safety in Supply Chain : Evidence from China. Discrete Dynamics in Nature and Society No. 2013 (2013), pp.1-5.
https://search.emarefa.net/detail/BIM-491265
American Medical Association (AMA)
Na, Zhao& Fusheng, Wang. The Game Analysis of Manufacturers’ Political Connections on Product Safety in Supply Chain : Evidence from China. Discrete Dynamics in Nature and Society. 2013. Vol. 2013, no. 2013, pp.1-5.
https://search.emarefa.net/detail/BIM-491265
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-491265