Paper Info
Title
Price Decisions for Used-Products Considering Its Impact on New-Product-Demand
Abstract
According to a questionnaire survey, the collecting price of the used-product will affect the demand of the new product. In order to study the price decisions of the used-product considering its impact on the new-product-demand, an influence coefficient in new-product-demand function is introduced. The optimal price decisions of the used-products, including the manufacturerpsilas reclaiming price and the retailerpsilas collecting price, are presented by game theory. A numerical example is shown to analyze the relationship of the optimal results and the influence coefficient. The numerical results show that the profits of the manufacturer and the retailer will increase even though the reclaiming price and the collecting price increase when the influence coefficient increases. Moreover, the demand increase of the new product indicates there will be an increase of the used-products in future period. As a result, a benign cycle which the manufacturer and the retailer expected will come true.
Year
DOI
Venue
2009
10.1109/BIFE.2009.117
BIFE
Keywords
Field
DocType
price decisions,collecting price,new-product-demand,manufacturer reclaiming price,retailing,price decision,retailer collecting price,reclaiming price,new product demand,used products,pricing,game theory,questionnaire survey,materials,data mining,production systems,information technology,educational technology,robustness,supply chains,profitability,cost accounting
Factor price,Economics,Reservation price,Price level,Microeconomics,Limit price,Mid price,Cost accounting,Profit (economics),New product development
Conference
ISBN
Citations 
PageRank 
978-0-7695-3705-4
0
0.34
References 
Authors
2
2
Name
Order
Citations
PageRank
Qiaolun Gu1184.65
Tiegang Gao26822.08