Analytical comparisons in a three-echelon closed-loop supply chain with price and marketing effort-dependent demand: game theory approaches

2016 ◽  
Vol 20 (1) ◽  
pp. 451-478 ◽  
Author(s):  
Emad Sane Zerang ◽  
Ata Allah Taleizadeh ◽  
Jafar Razmi
Keyword(s):  
Game Theory ◽  
Supply Chain ◽  
Closed Loop ◽  
Marketing Effort ◽  
Closed Loop Supply Chain ◽  
Dependent Demand

scholarly journals Game Analysis and Coordination of a Closed-Loop Supply Chain: Perspective of Components Reuse Strategy

2020 ◽  
Vol 12 (22) ◽  
pp. 9681
Author(s):  
Xiaomin Zhao ◽  
Xueli Bai ◽  
Zhihui Fan ◽  
Ting Liu
Keyword(s):  
Game Theory ◽  
Supply Chain ◽  
Price Elasticity ◽  
Closed Loop ◽  
Economic Value ◽  
Wholesale Price ◽  
Optimal Decision ◽  
Closed Loop Supply Chain ◽  
Game Analysis

This paper studies a closed-loop supply chain that covers three key members: Manufacturer, new components supplier, and recycled-components supplier. Considering the power of each member in the chain, we use game theory to analyze the optimal decision and coordination, particularly investigating the economic value of components reuse strategy. The results show that, in a decentralized setting, the value of components reuse highly depends on the attributes of the products. For the products with low price elasticity, reuse strategy is only beneficial to the recycled-components suppliers. Further investigation shows the manufacturer can use wholesale price contracts to coordinate and improve the supply chain’s performance.

scholarly journals How Does Licensing Remanufacturing Affect the Supply Chain Considering Customer Environmental Awareness?

2019 ◽  
Vol 11 (7) ◽  
pp. 1898 ◽  
Author(s):  
Zongbao Zou ◽  
Fan Wang ◽  
Xiaofan Lai ◽  
Jingxian Hong
Keyword(s):  
Game Theory ◽  
Supply Chain ◽  
Closed Loop ◽  
New Products ◽  
Environmental Awareness ◽  
Third Party ◽  
Technology Licensing ◽  
Theory Approach ◽  
Potential Threat ◽  
Closed Loop Supply Chain

As sustainability issues are receiving increasing attention in society, in recent years many manufacturers have been adopting remanufacturing via technology licensing. This paper uses a game theory approach to investigate this strategy of a manufacturer under a closed-loop supply chain consisting of one supplier, one manufacturer, and one third-party remanufacturer (TPR), with the consideration of customer environmental awareness. In particular, the supplier supplies the components to the manufacturer and the manufacturer adopts technology licensing remanufacturing via the TPR. We explicitly characterize the reactions between the supplier and the manufacturer as being in equilibrium after adopting the technology licensing. We find that only when remanufacturing is a potential threat to the supplier is the performance of the supply chain improved and the double marginalization effect effectively eliminated. Moreover, remanufacturing by technology licensing only increases the profit of the manufacturer, but decreases the profit of the supplier. Interestingly, contrary to traditional wisdom, the existence of remanufactured products does not reduce the quantity of new products. Furthermore, remanufacturing by technology licensing may not always improve the environment, but customers in the market have environmental awareness that facilitates remanufacturing.

Research on Coordination in the Closed-Loop Supply Chain with Remanufacturing

2012 ◽  
Vol 220-223 ◽  
pp. 319-322
Author(s):  
Hong Wei Jiang
Keyword(s):  
Game Theory ◽  
Supply Chain ◽  
Closed Loop ◽  
New Product ◽  
Profit Sharing ◽  
Coordination Mechanism ◽  
Optimal Pricing ◽  
Supply Chain System ◽  
Closed Loop Supply Chain ◽  
Pricing Decisions

Based on game theory, this paper constructs closed-loop supply chain system with retailer recycling used products from the consumers incorporating difference between new product and remanufactured product. The optimal pricing decisions and the optimal profits of centralized coordinated and decentralized closed-loop supply chain are obtained. It is found that the efficiency of decentralized closed-loop supply chain decreases by 25%. Finally, the coordination mechanism is designed to solve the profit conflict in the decentralized closed-loop supply chain by the profit sharing contract.

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