A decision-making model for remanufacturers: Considering both consumers’ environmental preference and the government subsidy policy

摘要

Highlights?A decision-making model for remanufacturers is developed.?The model considers consumers’ environmental preference and government subsidy.?Price elasticity of demand (PED) is used to define different consumers’ preference.?Sharing subsidy with consumers can bring profit for remanufacturers.?Two decision variables are inversely proportional to the weighted-sum of PED.AbstractRemanufactured products have the significantly low environmental impact through their life cycles, but consumers’ acceptance of remanufactured products is low and uncertain. To promote the use of remanufactured products, the governments in developing countries such as China have provided subsides for remanufacturers. However, how to understand consumers’ preferences and effectively use the government subsidy is