Evolving remanufacturing strategies in China: an evolutionary game theory perspective

Rapid pace of natural resource depletion and environment deterioration is a cause concern worldwide. Remanufacturing offers promising option for reduction in the waste resources consumption. As rapidly developing economy, China initiated remanufacturing efforts 1990s. While focusing on evolution China, using game theoretic setup, we analyze manufacturer retailer's decisions to enter industry. Entry are determined based evolutionary stable strategies (ESS) both parties different phases China. The model uses replicator dynamic system establish ESS. We find that ESS suitable phase evolution. our reveals, over time, additional new players have entered Finally, conclude industry well prepared increase its scale help alleviate concerns deterioration. This could be primarily attributed government policies, subsidies, incentives played an important role kick-starting To verify theoretical results, case study was conducted involving prominent retailer. Based mathematical findings analysis, make several suggestions policymakers, practitioners, enterprises enable companies market remanufacturing.