Building a demand-oriented optimal model for the recycling of used electronic products
Xiaodong Lv (),
Angfei Li (),
Shuhong Wang () and
Tao Zhang ()
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Xiaodong Lv: China University of Petroleum (East China)
Angfei Li: Fudan University
Shuhong Wang: Shandong University of Finance and Economics
Tao Zhang: China University of Petroleum (East China)
Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, 2023, vol. 25, issue 7, No 7, 5949-5971
Abstract:
Abstract The recycling and remanufacturing of used electronic products are the great significance to environmental governance and resource management. From the demand perspective of remanufactured products, this paper proposes a demand-oriented recycling model of used electronic products based on the reverse supply chain and cooperative game theory. Taking cost–benefit analysis as the basis of the benefits model of the participants in the electronic waste product recycling system, a static multi-stage game model and a dynamic cooperative game model are established, there is an optimal strategy at each stage which may not be unique, depending on the decision model constructed. In the static multi-stage recycling mode, the strategic decisions at all stages are all based on the same demand for remanufactured products, the strategy decision at each stage of the recycling mode of waste electronic products is based on the multi-stage demand prediction of remanufactured products. The cost optimization of each link in the static multi-stage is to realize the optimal strategy combination of participants in each link. The study concluded that by setting demand as the main goal, both recycling and remanufacturing companies can improve their own benefits by realizing an optimal cost combination.
Keywords: Circular economy; Product recycling; Demand oriented; Reverse supply chain management (search for similar items in EconPapers)
Date: 2023
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DOI: 10.1007/s10668-022-02287-6
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