| Title | Pricing decisions about waste recycling from the perspective of industrial symbiosis in an industrial park: A game model and its application |
|---|---|
| ID_Doc | 17599 |
| Authors | He, M; Jin, YL; Zeng, HX; Cao, J |
| Title | Pricing decisions about waste recycling from the perspective of industrial symbiosis in an industrial park: A game model and its application |
| Year | 2020 |
| Published | |
| Abstract | According to different waste supply-demand relationships between two enterprises in an industrial park, a Stakelberg game model for waste recycling was established for waste pricing under three scenarios: non-symbiosis, partial symbiosis, and complete symbiosis. Through comparative analyses and sensitivity analyses, the market conditions for the formation of industrial symbiosis relationships and the pricing decisions for industrial waste and recycled products were investigated. A case study was conducted to verify the model and applied to waste value flow accounting. The research results show that in the game model where the downstream enterprise is a leader and when the marginal cost of recycling is lower than the cost of the purchased raw materials, it is easier for enterprises to form an industrial symbiotic relationship. As the amount of waste supply and the degree of symbiosis increase, the waste price continues to decrease, and enterprises earn more symbiotic profits. The internal and external factors of the enterprises affect the formation of the symbiotic relationship and pricing decisions about waste recycling. A coordination of interest between enterprises is needed to promote waste recycling and the value circulation of waste in an industrial park. (C) 2019 Elsevier Ltd. All rights reserved. |
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