Title: Price Decision Analysis for Reverse Supply Chain Based on Game Theory
Abstract: The reverse supply chain (RSC) is different from the conventional one, and the conventional price decisions are not suitable for RSC. In order to solve the problem, the price decisions of recycled products based on the reverse supply chain between the manufacturer and the retailer were studied by game theory. Two non-cooperative game equilibrium (Stackelberg equilibrium and Nash equilibrium) and a cooperative game equilibrium (coordination in price decision) were obtained. Efficiencies of every decision were further analyzed.
Publication Year: 2005
Publication Date: 2005-01-01
Language: en
Type: article
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Cited By Count: 48
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