Runliang Dou, Kuo-Yi Lin, Chia-Yu Hsu and Mohammad T. Khasawneh
Chunqiu Xu, Fengzhi Liu, Yanjie Zhou, Runliang Dou, Xuehao Feng and Bo Shen
This paper aims to find optimal emission reduction investment strategies for the manufacturer and examine the effects of carbon cap-and-trade policy and uncertain low-carbon…
Abstract
Purpose
This paper aims to find optimal emission reduction investment strategies for the manufacturer and examine the effects of carbon cap-and-trade policy and uncertain low-carbon preferences on emission reduction investment strategies.
Design/methodology/approach
This paper studied a supply chain consisting of one manufacturer and one retailer, in which the manufacturer is responsible for emission reduction investment. The manufacturer has two emission reduction investment strategies: (1) invest in traditional emission reduction technologies only in the production process and (2) increase investment in smart supply chain technologies in the use process. Then, three different Stackelberg game models are developed to explore the benefits of the manufacturer in different cases. Finally, this paper coordinates between the manufacturer and the retailer by developing a revenue-sharing contract.
Findings
The manufacturer's optimal emission reduction strategy is dynamic. When consumers' low-carbon preferences are low and the government implements a carbon cap-and-trade policy, the manufacturer can obtain the highest profit by increasing the emission reduction investment in the use process. The carbon cap-and-trade policy can encourage the manufacturer to reduce emissions only when the initial carbon emission is low. The emission reduction, order quantity and the manufacturer's profit increase with the consumers' low-carbon preferences. And the manufacturer can adjust the emission reduction investment according to the emission reduction cost coefficient in two processes.
Originality/value
This paper considers the investment of emission reduction technologies in different processes and provides theoretical guidance for manufacturers to make a low-carbon transformation. Furthermore, the paper provides suggestions for governments to effectively implement carbon cap-and-trade policy.
Details
Keywords
Fuzan Chen, Harris Wu, Runliang Dou and Minqiang Li
The purpose of this paper is to build a compact and accurate classifier for high-dimensional classification.
Abstract
Purpose
The purpose of this paper is to build a compact and accurate classifier for high-dimensional classification.
Design/methodology/approach
A classification approach based on class-dependent feature subspace (CFS) is proposed. CFS is a class-dependent integration of a support vector machine (SVM) classifier and associated discriminative features. For each class, our genetic algorithm (GA)-based approach evolves the best subset of discriminative features and SVM classifier simultaneously. To guarantee convergence and efficiency, the authors customize the GA in terms of encoding strategy, fitness evaluation, and genetic operators.
Findings
Experimental studies demonstrated that the proposed CFS-based approach is superior to other state-of-the-art classification algorithms on UCI data sets in terms of both concise interpretation and predictive power for high-dimensional data.
Research limitations/implications
UCI data sets rather than real industrial data are used to evaluate the proposed approach. In addition, only single-label classification is addressed in the study.
Practical implications
The proposed method not only constructs an accurate classification model but also obtains a compact combination of discriminative features. It is helpful for business makers to get a concise understanding of the high-dimensional data.
Originality/value
The authors propose a compact and effective classification approach for high-dimensional data. Instead of the same feature subset for all the classes, the proposed CFS-based approach obtains the optimal subset of discriminative feature and SVM classifier for each class. The proposed approach enhances both interpretability and predictive power for high-dimensional data.