IDEAS home Printed from https://ideas.repec.org/a/spr/opmare/v16y2023i4d10.1007_s12063-023-00385-w.html
   My bibliography  Save this article

Is digital twin a better solution to improve ESG evaluation for vaccine logistics supply chain: an evolutionary game analysis

Author

Listed:
  • Mengdi Zhang

    (Nanjing University of Posts and Telecommunications
    The Hong Kong Polytechnic University)

  • Wanting Yang

    (Nanjing University of Posts and Telecommunications)

  • Zhiheng Zhao

    (The Hong Kong Polytechnic University)

  • Saurabh Pratap

    (Indian Institute of Technology (BHU))

  • Wei Wu

    (Chongqing University)

  • George Q. Huang

    (The Hong Kong Polytechnic University)

Abstract

In recent years, the COVID-19 pandemic has underlined the important role of the vaccine logistics supply chain (VLSC) in supporting public health, safety, and societal value. Simultaneously, environmental, social, and governance (ESG) evaluation appeared in the business and government to tackle sustainable development issues. Therefore, how to effectively govern the cold chain logistics service providers (CCLSPs) to perform better in ESG evaluation becomes an interesting research topic. This paper systematically analyzes the influence of digital twin service (DTS) on ESG evaluation and analytically investigates the long-term behavior of sustainability concerned stakeholders in the VLSC. Firstly, an architecture of DTS enabled ESG evaluation for VLSC is proposed to describe the DTS effectiveness. After that, a tripartite evolutionary game model in a two-tiered VLSC including CCLSPs, the public, and government regulators is proposed. And the conditions for the existence of equilibrium stable points are derived to capture the feature of the government incentives and the role of the public in the DTS investment decisions of CCLSPs. The governance mechanisms, such as the enactment of penalty and bonus, are discussed for facilitating the DTS investment in the VLSC to improve the ESG evaluation of CCLSPs. The association of the factors is validated by using analytical sensitivity analysis. The results manifest that government oversight will promote ESG improvement in the logistics market equipped with DTS. The public will be the driving force behind the refusal of CCLSPs to invest in DTS. It is evident that DTS can offer better solutions for the improvement of ESG assessment for VLSC with different strategic stakeholders.

Suggested Citation

  • Mengdi Zhang & Wanting Yang & Zhiheng Zhao & Saurabh Pratap & Wei Wu & George Q. Huang, 2023. "Is digital twin a better solution to improve ESG evaluation for vaccine logistics supply chain: an evolutionary game analysis," Operations Management Research, Springer, vol. 16(4), pages 1791-1813, December.
    • Handle: RePEc:spr:opmare:v:16:y:2023:i:4:d:10.1007_s12063-023-00385-w
    DOI: 10.1007/s12063-023-00385-w
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s12063-023-00385-w
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1007/s12063-023-00385-w?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Weihua Liu & Shangsong Long & Shuang Wei & Dong Xie & Jingkun Wang & Xinyun Liu, 2022. "Smart logistics ecological cooperation with data sharing and platform empowerment: an examination with evolutionary game model," International Journal of Production Research, Taylor & Francis Journals, vol. 60(13), pages 4295-4315, July.
    2. Johari, Maryam & Hosseini-Motlagh, Seyyed-Mahdi & Rasti-Barzoki, Morteza, 2019. "An evolutionary game theoretic model for analyzing pricing strategy and socially concerned behavior of manufacturers," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 128(C), pages 506-525.
    3. Díaz, Violeta & Ibrushi, Denada & Zhao, Jialin, 2021. "Reconsidering systematic factors during the Covid-19 pandemic – The rising importance of ESG," Finance Research Letters, Elsevier, vol. 38(C).
    4. Cai, Gangshu & Kock, Ned, 2009. "An evolutionary game theoretic perspective on e-collaboration: The collaboration effort and media relativeness," European Journal of Operational Research, Elsevier, vol. 194(3), pages 821-833, May.
    5. Friedman, Daniel, 1991. "Evolutionary Games in Economics," Econometrica, Econometric Society, vol. 59(3), pages 637-666, May.
    6. da Silva Rocha, André Barreira & Salomão, Gabriel Meyer, 2019. "Environmental policy regulation and corporate compliance in evolutionary game models with well-mixed and structured populations," European Journal of Operational Research, Elsevier, vol. 279(2), pages 486-501.
    7. Duijzer, Lotty Evertje & van Jaarsveld, Willem & Dekker, Rommert, 2018. "Literature review: The vaccine supply chain," European Journal of Operational Research, Elsevier, vol. 268(1), pages 174-192.
    8. Rustico, Erica & Dimitrov, Stanko, 2022. "Environmental taxation: The impact of carbon tax policy commitment on technology choice and social welfare," International Journal of Production Economics, Elsevier, vol. 243(C).
    9. Gillan, Stuart L. & Koch, Andrew & Starks, Laura T., 2021. "Firms and social responsibility: A review of ESG and CSR research in corporate finance," Journal of Corporate Finance, Elsevier, vol. 66(C).
    10. Yu, Ellen Pei-yi & Luu, Bac Van, 2021. "International variations in ESG disclosure – Do cross-listed companies care more?," International Review of Financial Analysis, Elsevier, vol. 75(C).
    11. Xiaoshuai Fan & Kanglin Chen & Ying-Ju Chen, 2023. "Is Price Commitment a Better Solution to Control Carbon Emissions and Promote Technology Investment?," Management Science, INFORMS, vol. 69(1), pages 325-341, January.
    12. Neda Dabaghian & Reza Tavakkoli-Moghaddam & Ata Allah Taleizadeh & Mohammad Sadegh Moshtagh, 2022. "Channel coordination and profit distribution in a three-echelon supply chain considering social responsibility and product returns," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 24(3), pages 3165-3197, March.
    13. Tinglong Dai & Christopher Tang, 2022. "Frontiers in Service Science: Integrating ESG Measures and Supply Chain Management: Research Opportunities in the Postpandemic Era," Service Science, INFORMS, vol. 14(1), pages 1-12, March.
    14. Godfrey Mugurusi & Lydia Bals, 2017. "A processual analysis of the purchasing and supply organization in transition: the impact of offshoring," Operations Management Research, Springer, vol. 10(1), pages 64-83, June.
    15. Sinha, Priyank & Kumar, Sameer & Chandra, Charu, 2023. "Strategies for ensuring required service level for COVID-19 herd immunity in Indian vaccine supply chain," European Journal of Operational Research, Elsevier, vol. 304(1), pages 339-352.
    16. Prajapati, Dhirendra & Pratap, Saurabh & Zhang, Mengdi & Lakshay, & Huang, George Q., 2022. "Sustainable forward-reverse logistics for multi-product delivery and pickup in B2C E-commerce towards the circular economy," International Journal of Production Economics, Elsevier, vol. 253(C).
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Feng, Ruonan & Ma, Lu & Wu, Dan, 2025. "ESG performance and corporate innovation under the moderating effect of firm size," International Review of Economics & Finance, Elsevier, vol. 97(C).
    2. Magaletti, Nicola & Notarnicola, Valeria & Di Molfetta, Mauro & Mariani, Stefano & Leogrande, Angelo, 2025. "Logistics Performance and ESG Outcomes: An Empirical Exploration Using IV Panel Models and Machine Learning," MPRA Paper 124746, University Library of Munich, Germany.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Zhang, Mengdi & Yang, Wanting & Zhao, Zhiheng & Wang, Shuaian & Huang, George Q., 2024. "Do fairness concerns matter for ESG decision-making? Strategic interactions in digital twin-enabled sustainable semiconductor supply chain," International Journal of Production Economics, Elsevier, vol. 276(C).
    2. Zhang, Mengdi & Shen, Qiao & Zhao, Zhiheng & Wang, Shuaian & Huang, George Q., 2024. "Commitment or rent-seeking? Government incentive policies for ESG reporting in sustainable e-commerce logistics," International Journal of Production Economics, Elsevier, vol. 268(C).
    3. Li, Lingyue & Gao, Suixiang & Yang, Wenguo & Xiong, Xing, 2021. "Assessment and improvement of EPA's penalty policy: From the perspective of governments' and ships' behaviors," Transport Policy, Elsevier, vol. 104(C), pages 18-28.
    4. Liang Ma & Weiqiang Hu & Ru Liang, 2024. "The Impact of the Industrial Internet on the Innovation and Development Level of China’s Manufacturing Industry: Under the Perspective of Government Incentives," Sustainability, MDPI, vol. 16(10), pages 1-25, May.
    5. Zhi Chen & Jinfeng Yang & Peigong Li & Stavros Sindakis, 2024. "Navigating the Knowledge Economy: Unraveling the Impact of Executive Policy Cognition on ESG Performance in China’s A-Share Listed Companies," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(4), pages 15788-15832, December.
    6. Silveira, Douglas & Vasconcelos, Silvinha, 2020. "Essays on duopoly competition with asymmetric firms: Is profit maximization always an evolutionary stable strategy?," International Journal of Production Economics, Elsevier, vol. 225(C).
    7. Chanchan Hao & Qiang Du & Youdan Huang & Long Shao & Yunqing Yan, 2019. "Evolutionary Game Analysis on Knowledge-Sharing Behavior in the Construction Supply Chain," Sustainability, MDPI, vol. 11(19), pages 1-16, September.
    8. Zhu, Bo & Wang, Yansen, 2024. "Does social trust affect firms' ESG performance?," International Review of Financial Analysis, Elsevier, vol. 93(C).
    9. Ricci, Ornella & Santilli, Gianluca & Scardozzi, Giulia & Stentella Lopes, Francesco Saverio, 2024. "ESG resilience in conflictual times," Research in International Business and Finance, Elsevier, vol. 71(C).
    10. Xiaoyang Zhao & Jie Mi, 2024. "Firms’ corporate social irresponsibility behaviors during interplay with consumers in evolutionary game models," Palgrave Communications, Palgrave Macmillan, vol. 11(1), pages 1-9, December.
    11. Hui Yan & Haixiang Wei & Min Wei, 2021. "Exploring Tourism Recovery in the Post-COVID-19 Period: An Evolutionary Game Theory Approach," Sustainability, MDPI, vol. 13(16), pages 1-21, August.
    12. Hongyang He & Bin Zhang, 2022. "Effective Synergy of Market Agents: The Core of Achieving Multi-Agent Governance on the Internet Platform," Sustainability, MDPI, vol. 14(24), pages 1-20, December.
    13. Xie, Lei & Hou, Pengwen & Han, Hongshuai, 2021. "Implications of government subsidy on the vaccine product R&D when the buyer is risk averse," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 146(C).
    14. Huang, Xingjun & Lin, Yun & Lim, Ming K. & Zhou, Fuli & Ding, Rui & Zhang, Zusheng, 2022. "Evolutionary dynamics of promoting electric vehicle-charging infrastructure based on public–private partnership cooperation," Energy, Elsevier, vol. 239(PD).
    15. Wang, Kai & Chen, Xi & Wang, Chenye, 2023. "The impact of sustainable development planning in resource-based cities on corporate ESG–Evidence from China," Energy Economics, Elsevier, vol. 127(PA).
    16. Douglas Silveira & Ricardo B. L. M. Oscar, 2024. "Inflation Targeting Regimes in Emerging Market Economies: To Invest or Not to Invest?," Computational Economics, Springer;Society for Computational Economics, vol. 64(4), pages 2097-2129, October.
    17. Abdul Salam Khan, 2024. "One size does not fit all- Strategizing the vaccine supply chain in developing countries," Operations Management Research, Springer, vol. 17(3), pages 941-962, September.
    18. Lyu, Zhengwei & Lan, Hongjie & Hua, Guowei & Cheng, T.C.E. & Xu, Yadong, 2024. "How to promote Chinese food waste-to-energy program? An evolutionary game approach," Energy, Elsevier, vol. 293(C).
    19. Alan Francisco Caraveo Gomez Llanos & Annas Vijaya & Hendro Wicaksono, 2024. "Rating ESG key performance indicators in the airline industry," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 26(11), pages 27629-27653, November.
    20. Su, Q. & Zhou, P. & Ding, H. & Xydis, G., 2024. "Transition towards a hybrid energy system: Combined effects of renewable portfolio standards and carbon emission trading," Energy Economics, Elsevier, vol. 135(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:opmare:v:16:y:2023:i:4:d:10.1007_s12063-023-00385-w. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.