Next Article in Journal
Beer and Organic Labels: Do Belgian Consumers Care?
Previous Article in Journal
Smart Cities as Organizational Fields: A Framework for Mapping Sustainability-Enabling Configurations
Article Menu
Issue 9 (September) cover image

Export Article

Open AccessArticle
Sustainability 2017, 9(9), 1503; doi:10.3390/su9091503

Decisions on Remanufacturing with WTP Disparity and Recycling Competition under Government Subsidies

1
Business School, Hunan University, Changsha 410082, China
2
Academy of Mathematics and System Science, Chinese Academy of Sciences, Beijing 100190, China
3
International Business School, Shaanxi Normal University, Xi’an 710062, China
*
Author to whom correspondence should be addressed.
Received: 24 June 2017 / Revised: 14 August 2017 / Accepted: 22 August 2017 / Published: 24 August 2017
View Full-Text   |   Download PDF [2955 KB, uploaded 24 August 2017]   |  

Abstract

Enterprises have assigned increasing importance to remanufacturing, and meanwhile, the competitiveness of remanufacturing has also become established. In this article, game theory is exploited and government subsidies for remanufacturing, consumer willingness to pay and recycling competition are considered, with a focus on a supply chain consisting of one local manufacturer and one nonlocal remanufacturer. This study attempts to investigate how nonlocal remanufacturers and local manufacturers determine whether they recycle used products and engage in remanufacturing when these factors are considered, in the hope that the results can be constructive in terms of policies and management related to enterprises and governments. As such, four situations are considered and the corresponding models are built to derive the optimal production of each enterprise in the four different situations. Numerical results under the four situations are furthercompared. The results show that consumer acceptance of remanufactured products, irrespective of whether there is competition in production and recycling of remanufactured products and whetherthe government provides subsidy for remanufacturing directly affects each enterprise, remanufacturing and the profits of the overall supply chains. Based on these factors, enterprises should adjust strategies and choose to compete or stop competing or monopolize the market. The government should define attitudes towards the market competition and supervise the changes of market competitiveness based onmarket competition and consumer acceptance of remanufactured products. This study can provide some constructive guidance for some potential nonlocal enterprises engaged in remanufacturing, and at the same time shed some light for desirable direction in some further research onremanufacturing in theory and practice. View Full-Text
Keywords: remanufacturing; willingness to pay; recycling competition; government subsidies remanufacturing; willingness to pay; recycling competition; government subsidies
Figures

Figure 1

This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. (CC BY 4.0).

Scifeed alert for new publications

Never miss any articles matching your research from any publisher
  • Get alerts for new papers matching your research
  • Find out the new papers from selected authors
  • Updated daily for 49'000+ journals and 6000+ publishers
  • Define your Scifeed now

SciFeed Share & Cite This Article

MDPI and ACS Style

Shu, T.; Wang, Y.; Chen, S.; Wang, S.; Lai, K.K.; Yang, Y. Decisions on Remanufacturing with WTP Disparity and Recycling Competition under Government Subsidies. Sustainability 2017, 9, 1503.

Show more citation formats Show less citations formats

Note that from the first issue of 2016, MDPI journals use article numbers instead of page numbers. See further details here.

Related Articles

Article Metrics

Article Access Statistics

1

Comments

[Return to top]
Sustainability EISSN 2071-1050 Published by MDPI AG, Basel, Switzerland RSS E-Mail Table of Contents Alert
Back to Top