| Variables | Definitions |
|
| Consumer value discount for remanufactured products |
|
| Unit production cost of a new/remanufactured component |
| k | Scaling parameter |
|
| Price of new/remanufactured product in Model i, |
|
| Quantity of new/remanufactured products in Model i, |
| f | Remanufacturing patent license fees in Model T |
| w | Wholesale price of new component in Model R |
|
| Player x’s profit in Model i, , |