Bidirectional Control of Collusion in Chinese Herbal Medicines on the Platform Powered by Data Factors
Haiju HU et al.
What the paper says
Quality is essential for the global trade of Chinese herbal medicines(CHMs), but quality collusion has damaged their reputation.Under digital intelligence, data factors in the traceability platform are the key to controlling collusion.From the empowerment of data factors, this paper focuses on controlling collusion and designs a bidirectional control system on the platform.The results show that the bidirectional control system controls collusion by increasing costs and reducing motivation, which can improve pricing strategies.The platform enhances consumer recognition to encourage product premiums, but price sensitivity diminishes the premium effect.The bullwhip effect mitigates the impact of price sensitivity on the pricing strategies of upstream enterprises.The collusion governance mechanism transforms from parallel to serial during data factor empowerment.The serial mode depends on data centres to reduce the pressure of regulation and traceability, coordinates information through data networks, and establishes accountability mechanisms to control collusion.Our results provide strategies to prevent CHMs collusion and support the high-quality development of the CHMSC.
Evidence weight
Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40
| F · citation impact | 0.50 × 0.4 = 0.20 |
| M · momentum | 0.50 × 0.15 = 0.07 |
| V · venue signal | 0.50 × 0.05 = 0.03 |
| R · text relevance † | 0.50 × 0.4 = 0.20 |
† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.