考虑政府补贴的新产品与再制造产品定价模型

Translated title of the contribution: Pricing models of new products and remanufactured products under government subsidies

Zhen Kai Lou, Xu Ming Lou, Fu Jun Hou*

*Corresponding author for this work

    Research output: Contribution to journalArticlepeer-review

    3 Citations (Scopus)

    Abstract

    Under a finite financial budget, the government offers subsidies for remanufactured products in order to encourage production and sales. Firstly, a three-layer decision model that the government provides production subsidies for the manufacturer is constiucted, in which the manufacturer declares its wholesale prices by a Stackelberg game with the new-product retailer and the remanufactured-product retailer, and the two retailers determine their sales prices by a Bertrand game. The impacts of production subsidies on wholesale prices, sales prices and sales quantities are demonstrated. Further, the root cause of the increased sales quantity of the remanufactured products is shown. Secondly, the model in which the government offers sales subsidies for the remanufactured-product retailer is considered. It is shown that production subsidies and sales subsidies are equaivalent for affecting sales prices and sales quantities. Thirdly, a centralized decision-making model is proposed. The sales quantities between the decentralized model and the centralized model are compared, and the reason of the difference is analyzed, which provides a basis for the priority of the subsidy. Finally, a numerical illustration is presented to make some supplements.

    Translated title of the contributionPricing models of new products and remanufactured products under government subsidies
    Original languageChinese (Traditional)
    Pages (from-to)196-204
    Number of pages9
    JournalKongzhi yu Juece/Control and Decision
    Volume37
    Issue number1
    DOIs
    Publication statusPublished - Jan 2021

    Fingerprint

    Dive into the research topics of 'Pricing models of new products and remanufactured products under government subsidies'. Together they form a unique fingerprint.

    Cite this

    Lou, Z. K., Lou, X. M., & Hou, F. J. (2021). 考虑政府补贴的新产品与再制造产品定价模型. Kongzhi yu Juece/Control and Decision, 37(1), 196-204. https://doi.org/10.13195/j.kzyjc.2020.1090