Skip to main content

Closed-Loop Supply Chain Network Equilibrium with Online Second-Hand Trading

  • Conference paper
  • First Online:
Optimization in Artificial Intelligence and Data Sciences

Part of the book series: AIRO Springer Series ((AIROSS,volume 8))

Abstract

This paper studies a closed-loop supply chain network equilibrium problem with online second-hand trading of high-uniqueness products. The closed-loop supply chain network consists of manufacturers, retailers, demand markets, and one online second-hand platform engaging in both horizontal and vertical competition. The optimal behaviors of all the decision-makers are modeled as variational inequality problems, and the governing closed-loop supply chain network equilibrium conditions are given.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 119.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 159.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book
USD 159.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

References

  1. Hu, S., Henninger, C.E., Boardman, R., Ryding, D.: Challenging current fashion business models: entrepreneurship through access-based consumption in the second-hand luxury garment sector within a circular economy. In: Gardetti M., Muthu S. (eds.) Sustainable Luxury. Environmental Footprints and Eco-design of Products and Processes. Springer, Singapore (2019). https://doi.org/10.1007/978-981-13-0623-5_3

  2. Nagurney, A.: Network Economics: A Variational Inequality Approach (2nd edn. (rev.)). Kluwer Academic, Boston (1999)

    Google Scholar 

  3. Nagurney, A., Ke, K.: Financial networks with intermediation. Quant. Finance 1(4), 441–451 (2001)

    Article  MathSciNet  Google Scholar 

  4. Nagurney, A., Toyasaki, F.: Supply chain supernetworks and environmental criteria. Transp. Res. D 8, 185–213 (2003)

    Article  Google Scholar 

  5. Nagurney, A., Toyasaki, F.: Reverse supply chain management and electronic waste recycling: a multi-tiered network equilibrium framework for ecycling. Transp. Res. E 41, 1–28 (2005)

    Article  Google Scholar 

  6. Nagurney, A., Dong, J., Zhang, D.: A supply chain network equilibrium model. Transp. Res. E 38, 281–303 (2002)

    Article  Google Scholar 

  7. Nagurney, A., Loo, J., Dong, J., Zhang, D.: Supply chain networks and electronic commerce: a theoretical perspective. Netnomics 4(2), 187–220 (2002)

    Article  Google Scholar 

  8. Nagurney, A., Cruz, J., Dong, J., Zhang, D.: Supply chain networks, electronic commerce, and supply side and demand side risk. Eur. J. Oper. Res. 164 (1), 120–142 (2005)

    Article  Google Scholar 

  9. Qiang, Q.: The closed-loop supply chain network with competition and design for remanufacture ability. J. Cleaner Product. 105, 348–356 (2014)

    Article  Google Scholar 

  10. Shen, B., Xu, X., Yuan, Q.: Selling secondhand products through an online platform with blockchain. Transp. Res. E Logist. Transp. Rev. 142, 102066 (2020)

    Article  Google Scholar 

  11. Toyasaki, F., Daniele, P., Wakolbinger, T.: A variational inequality formulation of equilibrium models for end-of-life products with nonlinear constraints. Eur. J. Oper. Res. 236, 340–350 (2014)

    Article  MathSciNet  Google Scholar 

  12. Wakolbinger, T., Nagurney, A.: Dynamic supernetworks for the integration of social networks and supply chains with electronic commerce: modeling and analysis of buyer-seller relationships with computations. Netnomics 6, 153–185 (2004)

    Article  Google Scholar 

  13. Wang, W., Zhang, P., Ding, J., Li, J., Sun, H., He, L.: Closed-loop supply chain network equilibrium model with retailer-collection under legislation. J. Ind. Manage. Optim. 15(1), 199–219 (2019)

    Article  MathSciNet  Google Scholar 

  14. Yang, G.F., Wang, Z.P., Li, X.Q.: The optimization of the closed-loop supply chain network. Transp. Res. E 45, 16–28 (2009)

    Article  Google Scholar 

  15. Yrjölä, M., Hokkanen, H., Saarijärvi, H.: A typology of second-hand business models. J. Market. Manage. 37(7–8), 761–791 (2021)

    Article  Google Scholar 

  16. Zhang, G., Sun, H., Hu, J., Dai, G.: The closed-loop supply chain network equilibrium with products lifetime and carbon emission constraints in multiperiod planning horizon. Discrete Dyn. Nat. Soc. 2014, 784637, 16pp. (2014). https://doi.org/10.1155/2014/784637

Download references

Acknowledgements

The research was partially supported by the research project “Programma ricerca di ateneo UNICT 2020–22 linea 2-OMNIA” University of Catania. This support is gratefully acknowledged.

Author information

Authors and Affiliations

Authors

Corresponding author

Correspondence to Laura Scrimali .

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 2022 The Author(s), under exclusive license to Springer Nature Switzerland AG

About this paper

Check for updates. Verify currency and authenticity via CrossMark

Cite this paper

Fargetta, G., Scrimali, L. (2022). Closed-Loop Supply Chain Network Equilibrium with Online Second-Hand Trading. In: Amorosi, L., Dell’Olmo, P., Lari, I. (eds) Optimization in Artificial Intelligence and Data Sciences. AIRO Springer Series, vol 8. Springer, Cham. https://doi.org/10.1007/978-3-030-95380-5_11

Download citation

Publish with us

Policies and ethics