Information Investment and Sharing in a Two-Echelon Supply Chain under Government Subsidy and Consumer Preference for Energy-Saving Products

Table 1

Notations and explanations.

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Decision variables

: retail price decided by the retailer

: wholesale price decided by the manufacturer

: energy-saving level of ESPs decided by the manufacturer

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General variables

: production cost per unit product

: subsidy coefficient

: investment coefficient of energy-saving R&D

: consumers’ sensitivity to energy-saving level

: market demand

: market potential; can be or

: information investment cost

: average market size

: uncertainty level of market potential

: probability of a high market potential

: forecast accuracy of the retailer

: signals delivered by the retailer; can be or

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