Dynamic Evolutionary Games and Coordination of Multiple Recycling Channels considering Online Recovery Platform
Nowadays, with a great number of household electrical appliances being discarded in every corner of the world every day, household electrical appliances recycling is attracting more attention. In this paper, we build a closed-loop supply chain that consists of a manufacturer and a third-party recycl...
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| Main Authors: | , , , , |
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| Format: | Article |
| Language: | English |
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Wiley
2021-01-01
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| Series: | Discrete Dynamics in Nature and Society |
| Online Access: | http://dx.doi.org/10.1155/2021/9976157 |
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| author | Meihong Zhu Xiao Li Liqing Zhu Xueli Zhan Junhai Ma |
| author_facet | Meihong Zhu Xiao Li Liqing Zhu Xueli Zhan Junhai Ma |
| author_sort | Meihong Zhu |
| collection | DOAJ |
| description | Nowadays, with a great number of household electrical appliances being discarded in every corner of the world every day, household electrical appliances recycling is attracting more attention. In this paper, we build a closed-loop supply chain that consists of a manufacturer and a third-party recycler based on the development of “Internet Plus” recovery platform. We thoroughly analyze the model and its evolution by chaos theory, complex dynamics theory, and numerical simulation and introduce the adaptive method to control the chaos of the system. We find that as the manufacturer increases the retail price, the stable area of the market becomes smaller. At the same time, when the manufacturers direct recycle price or the price adjustment range of the products recycled from the third party exceeds a certain threshold, all the recycle prices in the whole market will fluctuate, thus causing market chaos. Among them, as an adjustment decision method, delay strategy reduces the volatility of recycle price and makes it return to a stable state, which is an effective method to control system disorder. In addition, the third-party recycler will change the optimal subsidy model according to the government’s price subsidy level, while the manufacturer always prefers the price subsidy model. |
| format | Article |
| id | doaj-art-b8a61b0cb1504874aff3dbab68db01d4 |
| institution | Kabale University |
| issn | 1026-0226 1607-887X |
| language | English |
| publishDate | 2021-01-01 |
| publisher | Wiley |
| record_format | Article |
| series | Discrete Dynamics in Nature and Society |
| spelling | doaj-art-b8a61b0cb1504874aff3dbab68db01d42025-02-03T01:27:09ZengWileyDiscrete Dynamics in Nature and Society1026-02261607-887X2021-01-01202110.1155/2021/99761579976157Dynamic Evolutionary Games and Coordination of Multiple Recycling Channels considering Online Recovery PlatformMeihong Zhu0Xiao Li1Liqing Zhu2Xueli Zhan3Junhai Ma4College of Management and Economics, Tianjin University, Tianjin 300072, ChinaZhejiang University of Water Resources and Electric Power, Zhejiang 310018, ChinaCollege of Management and Economics, Tianjin University, Tianjin 300072, ChinaCollege of Management and Economics, Tianjin University, Tianjin 300072, ChinaCollege of Management and Economics, Tianjin University, Tianjin 300072, ChinaNowadays, with a great number of household electrical appliances being discarded in every corner of the world every day, household electrical appliances recycling is attracting more attention. In this paper, we build a closed-loop supply chain that consists of a manufacturer and a third-party recycler based on the development of “Internet Plus” recovery platform. We thoroughly analyze the model and its evolution by chaos theory, complex dynamics theory, and numerical simulation and introduce the adaptive method to control the chaos of the system. We find that as the manufacturer increases the retail price, the stable area of the market becomes smaller. At the same time, when the manufacturers direct recycle price or the price adjustment range of the products recycled from the third party exceeds a certain threshold, all the recycle prices in the whole market will fluctuate, thus causing market chaos. Among them, as an adjustment decision method, delay strategy reduces the volatility of recycle price and makes it return to a stable state, which is an effective method to control system disorder. In addition, the third-party recycler will change the optimal subsidy model according to the government’s price subsidy level, while the manufacturer always prefers the price subsidy model.http://dx.doi.org/10.1155/2021/9976157 |
| spellingShingle | Meihong Zhu Xiao Li Liqing Zhu Xueli Zhan Junhai Ma Dynamic Evolutionary Games and Coordination of Multiple Recycling Channels considering Online Recovery Platform Discrete Dynamics in Nature and Society |
| title | Dynamic Evolutionary Games and Coordination of Multiple Recycling Channels considering Online Recovery Platform |
| title_full | Dynamic Evolutionary Games and Coordination of Multiple Recycling Channels considering Online Recovery Platform |
| title_fullStr | Dynamic Evolutionary Games and Coordination of Multiple Recycling Channels considering Online Recovery Platform |
| title_full_unstemmed | Dynamic Evolutionary Games and Coordination of Multiple Recycling Channels considering Online Recovery Platform |
| title_short | Dynamic Evolutionary Games and Coordination of Multiple Recycling Channels considering Online Recovery Platform |
| title_sort | dynamic evolutionary games and coordination of multiple recycling channels considering online recovery platform |
| url | http://dx.doi.org/10.1155/2021/9976157 |
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