Variables

Definitions

γ

Consumer value discount for remanufactured products

c n / c r

Unit production cost of a new/remanufactured component

k

Scaling parameter

p n i / p r i

Price of new/remanufactured product in Model i, i ( T , R )

q n i / q r i

Quantity of new/remanufactured products in Model i, i ( T , R )

f

Remanufacturing patent license fees in Model T

w

Wholesale price of new component in Model R

Π x i

Player x’s profit in Model i, x ( m , 3 p , t ) , i ( T , R )