Suchergebnisse

This study explores the key factors influencing household livelihood resilience in ethnic rural tourist areas, specifically focusing on cultural adaptability. An analytical framework and measurement indicators for tourism livelihood resilience are proposed, with empirical analysis carried out in the two Bai minzu villages in Dali, Yunnan, China. Principal component analysis and multiple linear regression models were used to calculate household livelihood resilience and compare different livelihood strategies in two cases. Findings reveal more robust buffer capacity but weaker learning capacity among evaluated dimensions in two cases. Families involved in tourism and other sectors demonstrate superior livelihood resilience compared to those solely reliant on tourism. The findings reveal the significant impact of policy awareness, cultural confidence, and savings status on ethnic village household livelihood resilience. The study also identifies areas for future research, including the need for comparative and evolutionary research on multiple case types and a deeper exploration of the inherent mechanism between external shocks, tourism livelihood resilience, and livelihood strategies.

AbstractWe investigate the supply chain design decisions faced by a focal retailer that participates in a two‐tier supply chain with another competing retailer and a common upstream supplier. The operations literature has traditionally approached supply chain network design with the objective of minimizing the overall costs from a centralized standpoint. We study the strategic consequences of the focal retailer's supply chain design decisions, and demonstrate how pursuing "cost‐raising" internalization could be beneficial. We build a stylized game‐theoretic model that captures the cost implications of the focal retailer's internalization decisions, and analyze the impact of these decisions on the equilibrium outcome. Under various assumptions on the nature of retail competition and supply chain contracts, we obtain simple and intuitive sufficient conditions for the profitability of cost‐raising internalization. Moreover, we study how the intensity of horizontal and vertical competition, respectively, may influence the focal retailer's supply chain decisions. Finally, we examine the impact of cost‐raising internalization on consumer surplus and channel performance, and find that welfare may increase under certain conditions. Our results challenge the presumption that supply chains always benefit from lowering their costs and highlight the fact that strategic considerations can sometimes lead a firm to make cost‐raising decisions within its supply chain.

AbstractWhen competing firms embark and explore a new market, two salient features are often observed. On the one hand, the firms need to improve their quality by accumulating more experience and climbing up the learning curve. On the other hand, their quality may jointly expand the brand awareness of all competing products. In this article, we study a two‐period duopoly price competition where firms can improve their quality based on the accumulated demand (learn‐by‐doing effect) and their potential market size is positively affected by both firms' quality levels (quality spillover effect). In addition, we investigate two pricing schemes, namely, committed pricing and dynamic pricing, and their impact on the equilibrium outcomes. Assuming the two firms are symmetric in every aspect, our main findings include the following. First, we establish the existence and uniqueness of the pure Nash equilibrium for the dynamic game under either pricing scheme, and show that firms always set a low price in the first period to leverage quality improvement. As the quality spillover effect gets stronger, firms tend to raise their first‐period price, leading to a lower individual quality improvement and a non‐monotonic impact on firms' profit. Moreover, we find that committed pricing scheme benefits the duopoly when the spillover effect is strong, otherwise dynamic pricing scheme brings more profits. Finally, we examine two asymmetric cases where the firms are different in certain attributes pertaining to their learning speed and the quality spillover strength. Our analysis shows that the findings in the symmetric case still hold qualitatively. Useful managerial insights are derived from these studies.