Author： Li Jian Du Weihao Yang Fengmei Hua Guowei
Publisher： MDPI
E-ISSN： 2071-1050|6|9|6312-6324
ISSN： 2071-1050
Source： Sustainability, Vol.6, Iss.9, 2014-09, pp. : 6312-6324
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Abstract
Remanufacturing is an effective means to realize energy saving and emission reduction. This paper develops an evolutionary game model with a two-echelon closed-loop supply chain to study evolutionary stable strategies (ESS) of manufacturers and retailers. Through analyzing evolutionary path of the game, we find that there are two possible evolutionary results affected by the profits of manufacturers. Price of remanufacturing products may be a critical factor that determines the ESS. Government subsidy is critical to promote the development of remanufacturing industry.
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