| Title |
Mechanism for matching circular products and customers with top trading cycles |
| ID_Doc |
23061 |
| Authors |
Nishino, N; Kimita, K; Ito, T |
| Title |
Mechanism for matching circular products and customers with top trading cycles |
| Year |
2022 |
| Published |
Cirp Annals-Manufacturing Technology, 71, 1 |
| Abstract |
This study, utilising top-trading cycles, which present superior characteristics in the field of mechanism design, examines a proposed matching mechanism for circular products. Product service systems (PSSs) play a crucially important role for circular economies: instead of owning physical products, functionality utilisation is emphasized. As a component of PSS, we consider subscription-type service in which used products are matched to new customers considering their preferences. Simulations demonstrate that performance shifts adaptively between two states depending on parameters: the minimum social surplus with maximum product utilisation and the opposite. Results suggest that manufacturers can control product circulation by adjusting production parameters.(c) 2022 Published by Elsevier Ltd on behalf of CIRP. |
| PDF |
http://manuscript.elsevier.com/S000785062200052X/pdf/S000785062200052X.pdf
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