Reward-Penalty Mechanism or Subsidy Mechanism: A Closed-Loop Supply Chain Perspective

Reward-Penalty Mechanism or Subsidy Mechanism: A Closed-Loop Supply Chain Perspective

The government plays a crucial role in regulating the closed-loop supply chain (CLSC). We investigated the reward-penalty mechanism (RPM) for the manufacturer and the subsidy mechanism (SM) for the collector in CLSCs. The government’s goal is to maximize social welfare. Based on the centralized and...

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Bibliographic Details
Main Authors:	Wenbin Wang, Jie Guan, Mengxin Zhang, Jinyu Qi, Jia Lv, Guoliang Huang
Format:	Article
Language:	English
Published:	MDPI AG 2022-06-01
Series:	Mathematics
Subjects:	reward-penalty mechanism subsidy mechanism closed-loop supply chain social welfare
Online Access:	https://www.mdpi.com/2227-7390/10/12/2058

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