IDEAS home Printed from https://ideas.repec.org/a/taf/applec/v51y2019i20p2195-2220.html
   My bibliography  Save this article

Analysis of evolutionary game in structural formation of market power in remanufacturing supply chains

Author

Listed:
  • Tong Shu
  • Yongjian Wang
  • Shou Chen
  • Shouyang Wang
  • Kin Keung Lai
  • Yan Yang

Abstract

It is normal for enterprises to engage in remanufacturing nowadays. Nevertheless, the concern of enterprises and researchers is whether remanufacturers should compete for leadership in supply chains. Considering the WTP for new and remanufactured products differs, this article the evolutionary game theory model in three structures of leadership in supply chains. It investigates the processes of market evolution and choices of strategies when manufacturers and retailers compete or do not compete for leadership in the market. It has been shown in the case of market evolution, according to the 12 conditions formed from different prices that manufacturer and retailer have to pay for competing for leadership, there are five types of ultimate evolutionary stability about the choices of strategies. Further analyses show that these five different evolutionary stability results include nine different evolutionary paths. Analyses of examples further show the evolutionary processes and results in distinct circumstances. This article extends the application of the evolutionary game in remanufacturing supply chains in theory and provides some guidance for enterprises to make decisions when they consider whether they compete for leaders in remanufacturing supply chains in reality.

Suggested Citation

  • Tong Shu & Yongjian Wang & Shou Chen & Shouyang Wang & Kin Keung Lai & Yan Yang, 2019. "Analysis of evolutionary game in structural formation of market power in remanufacturing supply chains," Applied Economics, Taylor & Francis Journals, vol. 51(20), pages 2195-2220, April.
    • Handle: RePEc:taf:applec:v:51:y:2019:i:20:p:2195-2220
    DOI: 10.1080/00036846.2018.1540853
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/00036846.2018.1540853
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/00036846.2018.1540853?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:applec:v:51:y:2019:i:20:p:2195-2220. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/RAEC20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.