Title :
Price Decision Analysis for Reusable Product under Symmetric Information
Author_Institution :
Coll. of Econ. & Manage., Zaozhuang Univ., Zaozhuang, China
Abstract :
The reverse supply chain system is studied in this paper between one manufacturer and one retailer. The basic model is developed by using the principle-agent theory. Under symmetric information, the price decisions of recycled products and the results were further analyzed. Finally a numerical example is also given.
Keywords :
pricing; recycling; supply chain management; manufacturer; price decision; price decision analysis; principle-agent theory; recycled product; retailer; reusable product; reverse supply chain system; symmetric information; Numerical models; Pricing; Programming; Recycling; Supply chains; price decision; symmetric information;
Conference_Titel :
Information and Computing Science (ICIC), 2012 Fifth International Conference on
Conference_Location :
Liverpool
Print_ISBN :
978-1-4673-1985-0
DOI :
10.1109/ICIC.2012.43
