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Production and Pricing Strategies of Energy-Saving Products in the Presence of Duopolistic Manufacturers
Joint Authors
Lou, Zhenkai
Lou, Xuming
Dai, Xiaozhen
Source
Mathematical Problems in Engineering
Issue
Vol. 2020, Issue 2020 (31 Dec. 2020), pp.1-9, 9 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2020-07-18
Country of Publication
Egypt
No. of Pages
9
Main Subjects
Abstract EN
This paper considers optimal production and pricing strategies of energy-saving products in the presence of duopolistic manufacturers.
First, we analyze the free competition case by a Bertrand game.
A sufficient condition for guaranteeing the existence and the uniqueness of the equilibrium solution is proposed.
The change rate of the benefit function of environment with regard to purchasing preference proportions is examined.
Second, we investigate the case in the presence of energy-saving incentive.
A two-layer decision model is constructed by considering the decision order of each participant.
Optimal strategies between the two cases are compared.
We provide theoretical foundations for the government to formulate policies of energy-saving incentive under a financial budget constraint.
Finally, a numerical example is presented to verify the obtained conclusions and make some supplements.
American Psychological Association (APA)
Lou, Xuming& Lou, Zhenkai& Dai, Xiaozhen. 2020. Production and Pricing Strategies of Energy-Saving Products in the Presence of Duopolistic Manufacturers. Mathematical Problems in Engineering،Vol. 2020, no. 2020, pp.1-9.
https://search.emarefa.net/detail/BIM-1201933
Modern Language Association (MLA)
Lou, Xuming…[et al.]. Production and Pricing Strategies of Energy-Saving Products in the Presence of Duopolistic Manufacturers. Mathematical Problems in Engineering No. 2020 (2020), pp.1-9.
https://search.emarefa.net/detail/BIM-1201933
American Medical Association (AMA)
Lou, Xuming& Lou, Zhenkai& Dai, Xiaozhen. Production and Pricing Strategies of Energy-Saving Products in the Presence of Duopolistic Manufacturers. Mathematical Problems in Engineering. 2020. Vol. 2020, no. 2020, pp.1-9.
https://search.emarefa.net/detail/BIM-1201933
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-1201933