Research Article

Decisions of Closed-Loop Supply Chain Based on Recycling Effort and Differential Game

Table 1

Main parameters and notations.

NotationsMeaning/explanation

VariablesRent to be set by the operator
Wholesale price to be set by the supplier
Recycling effort
Stock of experience

ParametersSensitivity of recycling effort to experience
Decay rate of consumers’ memory
Deposit
Market potential
Sensitivity of experience to demand of bicycle
Sensitivity of rent to the demand rate
Bicycle damage rate
Sensitivity of recycling effort to reusing
Sensitivity of recycling effort to cost
Discount factor

SubscriptIntegrated scenario
Decentralized scenario

On the basis of cost sharingDeposit and rental revenue are shared
Shared rent only
Shared deposit only
Linear transfer payment