标题:Stability Analysis and Chaos Control of Recycling Price Game Model for Manufacturers and Retailers
作者:Li, Ting; Yan, Dongyun; Ma, Xiaogang
作者机构:[Li, Ting] Shandong Univ, Sch Management, Jinan 250100, Shandong, Peoples R China.; [Li, Ting; Yan, Dongyun] Dezhou Univ, Sch Econ & Management, Dez 更多
通讯作者:Li, T;Li, T
通讯作者地址:[Li, T]Shandong Univ, Sch Management, Jinan 250100, Shandong, Peoples R China;[Li, T]Dezhou Univ, Sch Econ & Management, Dezhou 253023, Peoples R Chin 更多
来源:COMPLEXITY
出版年:2019
卷:2019
DOI:10.1155/2019/3157407
摘要:With application of nonlinear theory, this paper makes study on the long-term competition in a recycling price game model by manufacturers and retailers. The paper makes analysis on the local stability of the Nash equilibrium point and gives the corresponding stable region. It has been found that the stability of the whole system would be significantly impacted by the following factors which include adjustment speed of the recycling price, the proportion of recycled products by channels, the sensitivity of consumers for the recycling price, and the price cross-elasticity between two channels. By means of the simulation technology, the complexity of the recycling price in the system in the long-term competition has been demonstrated. Owing to the change of parameters, bifurcation, chaos, and other phenomena would appear in the system. When the system is becoming chaotic, the profit of the whole system decreased. All these show that the operational efficiency for the whole system will be impaired by the chaos. Effective chaotic control of the system will be realized by the use of the parameter adaptation method.
收录类别:SCOPUS;SCIE;SSCI
资源类型:期刊论文
原文链接:https://www.scopus.com/inward/record.uri?eid=2-s2.0-85070451789&doi=10.1155%2f2019%2f3157407&partnerID=40&md5=9261ab39cb1fa12558df5566cdfca7e2
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