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Wei Li
Chang Wang School of Honors, Nanjing University of Information Science and Technology, Nanjing 210044, China

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Journal article
Published: 30 January 2020 in Sustainability
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“Internet +” platform recycling is an emerging business model with two-sided market characteristics. How to meet the needs of consumers and manufacturers and how to formulate a reasonable two-sided pricing structure have become challenges faced by recycling trading platforms. Based on the theory of a two-sided market, the pricing mechanism of a monopoly platform and a model of competing platforms are studied. Consequently, a sensitivity analysis and comparison analysis are conducted, giving a pricing decision and the optimal profit of closed-loop supply chain systems. Finally, through a numerical simulation analysis, the impacts of the inter-group network externalities, service differentiation, and the matching efficiency on e-waste recycling prices and profits are obtained. The result indicates that the influences of inter-group network externalities on monopoly platforms and competing platforms are different; thus, platforms should choose pricing strategies according to their own market position. The pricing of the two types of platform is inversely proportional to the time-sensitive coefficient of the two platforms, while it is directly proportional to the matching efficiency. The improvement of the differentiation of service will increase the pricing of the platform for single-homing manufacturers without affecting the multi-homing consumers, and profits will increase accordingly.

ACS Style

Xiaodong Zhu; Wei Li. Research on the Pricing Strategy of “Internet +” Recycling Platforms in a Two-Sided Network Environment. Sustainability 2020, 12, 1001 .

AMA Style

Xiaodong Zhu, Wei Li. Research on the Pricing Strategy of “Internet +” Recycling Platforms in a Two-Sided Network Environment. Sustainability. 2020; 12 (3):1001.

Chicago/Turabian Style

Xiaodong Zhu; Wei Li. 2020. "Research on the Pricing Strategy of “Internet +” Recycling Platforms in a Two-Sided Network Environment." Sustainability 12, no. 3: 1001.

Journal article
Published: 05 August 2019 in Sustainability
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The closed-loop supply chain management model is an effective way to promote sustainable economic development and environmental protection. Increasing the sales volume of remanufactured products to stimulate green growth is a key issue in the development of closed-loop supply chains. By designing an effective warranty strategy, customer’s perceived value can be enhanced and market demand can be stimulated. This study cuts through the warranty period of closed-loop supply chain products. Based on the perspective of consumer behavior, game theory is used to construct the optimal decision-making model for closed-loop supply chains. The optimal warranty decision making for new products and remanufactured products under centralized and decentralized decision-making models is discussed. Further, the impact of the closed-loop supply chain system with warranty services and the design of contract coordination is also shown. We show that consumer preference has a positive impact on the sales of remanufactured products and the profits of enterprises; with the extension of the new product and remanufacturing warranty period, the profit of the supply chain system first increases and then decreases, and the value is maximized at the extreme point in the manufacturer-led decision-making model. Furthermore, the leader gains higher profits with bargaining power, but the profit of the supply chain system under decentralized decision model is less than that of the centralized decision model, reflecting the double marginalization effect. The revenue sharing contract and the two-charge contract designed in this study coordinate the closed-loop supply chain system with warranty services, so that the member companies in the supply chain can achieve Pareto improvement.

ACS Style

Xiaodong Zhu; Lingfei Yu; Wei Li. Warranty Period Decision and Coordination in Closed-Loop Supply Chains Considering Remanufacturing and Consumer Behavior. Sustainability 2019, 11, 4237 .

AMA Style

Xiaodong Zhu, Lingfei Yu, Wei Li. Warranty Period Decision and Coordination in Closed-Loop Supply Chains Considering Remanufacturing and Consumer Behavior. Sustainability. 2019; 11 (15):4237.

Chicago/Turabian Style

Xiaodong Zhu; Lingfei Yu; Wei Li. 2019. "Warranty Period Decision and Coordination in Closed-Loop Supply Chains Considering Remanufacturing and Consumer Behavior." Sustainability 11, no. 15: 4237.