Artificial intelligence investment and vertical cross-shareholding contractual coordination for low-carbon supply chains with forecast inaccuracy and risk concerns
摘要
This paper investigates the impact of artificial intelligence (AI) investment on demand prediction accuracy and its implications for emission reduction and operational decisions in a manufacturer-retailer supply chain under carbon peaking and neutrality goals, considering both parties’ risk-averse behaviors. By embedding demand forecast precision into mean–variance utility functions, we model three scenarios: manufacturer-led AI, retailer-led AI, and no AI investment, to derive equilibrium strategies. Results reveal that risk aversion exacerbates demand volatility’s adverse effects on utilities and emission reductions without AI. Retailer-led AI enhances demand signal accuracy, enabling manufacturers to optimize emission efforts and pricing, yielding mutual benefits within fixed and variable AI cost thresholds. Manufacturer-led AI improves production-side analytics and supply chain synergy but risks inflating wholesale prices, potentially eroding retailer profits. Furthermore, we design a vertical profit-risk cross-shareholding (VPRS) contract to coordinate the AI-driven supply chain, demonstrating how Nash bargaining and transfer payments align incentives, achieving Pareto-efficient outcomes under technological and budgetary constraints. Theoretical and computational analyses provide actionable insights for balancing AI adoption costs, emission reduction efficiency, and risk-averse preferences, advancing sustainable decision-making in low-carbon supply chains.