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Research on the Complexity of Game Model about Recovery Pricing in Reverse Supply Chain considering Fairness Concerns

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  • Ting Li
  • Dongyun Yan
  • Shuxia Sui

Abstract

A reverse recycling supply chain consisting of two recyclers is established in this paper, which takes into account the fact that the recyclers will consider the issue of fair concern in pricing. The paper discusses the local stability of the Nash equilibrium point in this price game model showing that the fair concern factors will reduce the stable area of the system. The paper also discusses the impacts of the sensitivity of the recovery price and the price cross coefficient on the stable area of the system. Through the method of system simulation and use of some indicators, such as the singular attractor, bifurcation diagram, attraction domain, power spectrum, and maximum Lyapunov exponent, the characteristics of the system at different times will be illustrated.

Suggested Citation

  • Ting Li & Dongyun Yan & Shuxia Sui, 2020. "Research on the Complexity of Game Model about Recovery Pricing in Reverse Supply Chain considering Fairness Concerns," Complexity, Hindawi, vol. 2020, pages 1-13, May.
    • Handle: RePEc:hin:complx:9621782
    DOI: 10.1155/2020/9621782
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    Cited by:

    1. Jixiang Zhang & Chen Zhu, 2020. "Research on the Dynamic Pricing and Service Decisions in the Reverse Supply Chain considering Consumers’ Service Sensitivity," Sustainability, MDPI, vol. 12(22), pages 1-21, November.
    2. Agliardi, Elettra & Kasioumi, Myrto, 2023. "Closing the loop in a duopolistic circular economy model," International Journal of Production Economics, Elsevier, vol. 262(C).
    3. Jiaying Xu & Qingfeng Meng & Yuqing Chen & Jia Zhao, 2023. "Dual-Channel Pricing Decisions for Product Recycling in Green Supply Chain Operations: Considering the Impact of Consumer Loss Aversion," IJERPH, MDPI, vol. 20(3), pages 1-15, January.

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