ANALYZE REMANUFACTURE INDUSTRY FROM MANUFACTURER AND REMANUFACTURERS BERTRAND GAME
According to prevalent circular economy research,recycling and reproducing end-of-life products has caught more attention.Academics always focus on two aspects:firstly,whether such economic behavior will be profitable;secondly,what factors will be more influential in remanufacturersprofit-decision?By applying to game theory, this paper sets and solver a two-stage incomplete information Bertrand game between a manufacturer and a remanufacturer, and then analyzes three parameters in equilibrium, and concludes;the profitability of remanufacturers recycle and reproduction depends on the residual value of end-of-life products and consumers valuation of such products.Following the research conclusion, this paper finds out relative factors that influence remanufacturersprofit-decision.This paper provides an empirical basisi for remanufacturersdecision of recycle and reproduction.
Manufacturer Remanufacturer BertrandGame
HANJIANG ZHAHG MIN LI XIAOKUI JIA
College of Economics and Trade,Human University,Shijiachong Road,Changsha,Hunan,China
国际会议
上海
英文
1-5
2009-08-02(万方平台首次上网日期,不代表论文的发表时间)