Research Article
Decisions of Closed-Loop Supply Chain Based on Recycling Effort and Differential Game
Table 1
Main parameters and notations.
| | Notations | Meaning/explanation |
| Variables | | Rent to be set by the operator | | Wholesale price to be set by the supplier | | Recycling effort | | Stock of experience |
| Parameters | | Sensitivity 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 |
| Subscript | | Integrated scenario | | Decentralized scenario |
| On the basis of cost sharing | | Deposit and rental revenue are shared | | Shared rent only | | Shared deposit only | | Linear transfer payment |
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