The Double-Source Purchase Decisions with Substitution Under Cap and Trade Policy
- 10.2991/amsm-16.2016.20How to use a DOI?
- substitution;double-source purchase;cap-and-trade policy
Under carbon cap-and-trade policies, double-source purchase policy of two substitutable products by a monopoly retailer is studied, obtaining optimal purchase decision and optimal pricing decision of retailers. Firstly, optimal decisions of retailers under carbon-free constraints and carbon cap-and-trade policies are analyzed. Then, the influences of carbon trade price, initial carbon quota, carbon emissionand the substitutability between two products on retailer optimal decisionunder carbon constraints are discussed. Finally, compared with the case under carbon-free constraints, the influences of carbon cap-and-trade policies on optimal decision are analyzed. The conclusion in this paper provides theoretical supports for retailer multi-source purchase strategies.
- © 2016, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Yi Zheng AU - Xianli Zhao PY - 2016/05 DA - 2016/05 TI - The Double-Source Purchase Decisions with Substitution Under Cap and Trade Policy BT - Proceedings of the 2016 International Conference on Applied Mathematics, Simulation and Modelling PB - Atlantis Press SP - 83 EP - 87 SN - 2352-538X UR - https://doi.org/10.2991/amsm-16.2016.20 DO - 10.2991/amsm-16.2016.20 ID - Zheng2016/05 ER -