Evolutionary Game Analysis of Remanufacturing Closed-Loop Supply Chain with Asymmetric Information

Jian Li · Weihao Du · Fengmei Yang · Guowei Hua

31 citations0/0 files storedSustainability

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Sustainable Supply Chain Management Merger and Competition Analysis Supply Chain and Inventory Management

Abstract

Remanufacturing is an effective means to realize energy saving and emission reduction. This paper develops an evolutionary game model with a two-echelon closed-loop supply chain to study evolutionary stable strategies (ESS) of manufacturers and retailers. Through analyzing evolutionary path of the game, we find that there are two possible evolutionary results affected by the profits of manufacturers. Price of remanufacturing products may be a critical factor that determines the ESS. Government subsidy is critical to promote the development of remanufacturing industry.

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References

2004Closed-Loop Supply Chain Models with Product Remanufacturing 2006Reverse Channel Design: The Case of Competing Retailers 2001COMPETITION IN REMANUFACTURING 2007Competition in remanufacturing and the effects of government subsidies 2013Channel leadership, performance and coordination in closed loop supply chains 2005A system dynamics model for dynamic capacity planning of remanufacturing in closed-loop supply chains 2008Importance of closed-loop supply chain relationships for product remanufacturing 2010Production planning of a hybrid manufacturing–remanufacturing system under uncertainty within a closed-loop supply chain

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2021Evolving remanufacturing strategies in China: an evolutionary game theory perspective 2018The impact of government subsidy and tax policy on the competitive decision-making of remanufacturing supply chains 2019Government Regulations on Closed-Loop Supply Chain with Evolutionarily Stable Strategy

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