Title
Contracts Of Reverse Logistics With Different Risk Preferences
Abstract
The reverse supply chain in our study consists of the disassembly centre and the collector. In this paper, we study the contract of the reverse supply chain with risk-neutral collector and risk-averse disassembly centre. Furthermore, we compare the contract with other two contracts given by our previous research: contract of risk-neutral collector and risk-neutral disassembly centre, and contract of risk-averse collector and risk-neutral disassembly centre. At the end, we analyze the optimal results by a numerical example. From the analysis, we find: if the disassembly centre is risk averse and the collector is risk neutral, the collector must share a large part of the penalty. This will result in a smaller optimal quantity of the used-products and lower profit of the collector and the disassembly centre.
Year
DOI
Venue
2015
10.1109/ICInfA.2015.7279635
2015 IEEE INTERNATIONAL CONFERENCE ON INFORMATION AND AUTOMATION
Keywords
Field
DocType
Reverse logistics, contract, risk preference, risk-averse, risk-neutral
Computer science,Risk neutral,Reverse logistics,Control engineering,Reverse supply chain,Profitability index,Electronic waste,Supply chain,Risk aversion,Industrial organization
Conference
Citations 
PageRank 
References 
0
0.34
3
Authors
2
Name
Order
Citations
PageRank
Qiaolun Gu1184.65
Tiegang Gao26822.08