NDLI: Differential pricing under trading in old goods for new based on market $segmentation^{1}$

Content Provider	IEEE Xplore Digital Library
Author	Wang Li-Sha Zhao Jing
Copyright Year	2012
Description	Author affiliation: School of Science, Tianjin Polytechnic University, Tianjin 300387 China (Wang Li-Sha; Zhao Jing)
Abstract	This paper considers the differential pricing problem under trading in old goods for new in a two-echelon supply chain with one manufacturer and one retailer. Firstly, we make market segmentation according to the consumer preference of exchanging for the remanufactured product. Considering the subsidy which the government pays for the retailer, we develop three decentralized pricing models, and obtain the corresponding analytical equilibrium solutions. Then, the optimal decision results of three scenarios are compared, and numerical examples are presented to illustrate the effectiveness of the theoretical results. Finally, the changes of optimal prices and optimal expected profits in three game scenarios are obtained by varying the value of parameters, and the corresponding additional managerial insights are gained.
Starting Page	7690
Ending Page	7695
File Size	214373
Page Count	6
File Format	PDF
ISBN	9781467325813
ISSN	21612927
e-ISBN	9789881563811
Language	English
Publisher	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Publisher Date	2012-07-25
Publisher Place	China
Access Restriction	Subscribed
Rights Holder	Chinese Assoc of Automati
Subject Keyword	Home appliances Biological system modeling Supply chains Government Consumer preference Games Pricing Market segmentation Differential pricing Trading in old goods for new Manganese
Content Type	Text
Resource Type	Article

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