The Market Structure Evolution of Remanufacturing Closed-loop Supply Chain Based on Government-led Recovery
CHENG Jin-shi1, LI Bang-yi2
(1.School of Management Engineering, Anhui Polytechnic University, Wuhu 241000,China; 2.School of Economics and Management,Nanjing University of Aeronautics and Astronautics,Nanjing 211100,China)
Abstract:
Remanufacturing closed-loop supply chain system composed of the government which is responsible for recovery,a manufacturer and a retailer followed the decision have been studied in this paper. When the government leads the game , the sales, the wholesale price, the profit recovery and all the profits value of the closed-loop supply chain are calculated under four different market structures (GRM, GMR, G→M+R and G→C), and the calculated results are analyzed. Finally, the paper considers the optimal market structure conditions based on the repeated game. Studies show that: the market structure of GRM and GMR implements low amount of recycling and low profits of the three parties; the market structure of G→M + R implements the higher amount of recycling and higher profits of the parties and the market structure of G→C highest. Repeated game theory has been used to get the condition which ensures the market structure of G → C implemented.
CHENG Jin-shi, LI Bang-yi.The Market Structure Evolution of Remanufacturing Closed-loop Supply Chain Based on Government-led Recovery[J] Economic Survey, 2014,V31(3): 121-126