Research Article

Two-Stage Pricing Decision for Low-Carbon Products Based on Consumer Strategic Behaviour

Table 1

Main parameters and parameter description.

ParametersDefinition

Consumer willingness to pay
Consumer low-carbon preference attributes
Consumer strategy
Number of consumers
Cost of low-carbon products
First stage’s price of low-carbon products
Second stage’s price of low-carbon products
First stage’s demand of low-carbon products
Second stage’s demand of low-carbon products
The proportion of products purchased by consumers in the first stage
Cost of ordinary products
First stage’s price of ordinary products
Second stage’s price of ordinary products
First stage’s demand of ordinary products
Second stage’s demand of ordinary products
Total profit