Does the Bike-Sharing Platform Share Its Own Private Information or Not in a Reverse Supply Chain?

Bike sharing facilitates the public’s daily lives and possesses substantial market demand, yet its overwhelming presence has triggered some environmental problems. To enhance resource utilization efficiency, we examine the decision-making strategies within a reverse supply chain considering the private information of the bike-sharing platform. Using Stackelberg games, two models are formulated in order to investigate whether the platform should share its own private information when the used shared bikes are recycled. A supply chain without private information is provided as a benchmark for comparison, and we obtain the optimal equilibrium strategies of the benchmark and the proposed model. Furthermore, how the optimal strategies change with the variation in parameters and the impacts of the private information on the optimal strategies are discussed. The results show that information asymmetry could lead to a reduction in supply chain efficiency. Thus, a two-part pricing contract is introduced to incentivize the platform to share information and coordinate the supply chain, which can effectively improve the performance of the integral supply chain and implement a “win-win” strategy for the third-party remanufacturer and the platform.

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Publication Details

Journal
Sustainability
Published
2024-10-23
DOI
https://doi.org/10.3390/su16219194
Citations
1
Primary Topic
Transportation and Mobility Innovations
Type
article
Field-Weighted Citation Impact
0.20
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article

Does the Bike-Sharing Platform Share Its Own Private Information or Not in a Reverse Supply Chain?

Yupei Du, Rufeng Wang, Yao Wei
1 citations
Sustainability
Transportation and Mobility Innovations
0.20
article

Does the Bike-Sharing Platform Share Its Own Private Information or Not in a Reverse Supply Chain?

Yupei Du, Rufeng Wang, Yao Wei
article en
1 citations

Abstract

Bike sharing facilitates the public’s daily lives and possesses substantial market demand, yet its overwhelming presence has triggered some environmental problems. To enhance resource utilization efficiency, we examine the decision-making strategies within a reverse supply chain considering the private information of the bike-sharing platform. Using Stackelberg games, two models are formulated in order to investigate whether the platform should share its own private information when the used shared bikes are recycled. A supply chain without private information is provided as a benchmark for comparison, and we obtain the optimal equilibrium strategies of the benchmark and the proposed model. Furthermore, how the optimal strategies change with the variation in parameters and the impacts of the private information on the optimal strategies are discussed. The results show that information asymmetry could lead to a reduction in supply chain efficiency. Thus, a two-part pricing contract is introduced to incentivize the platform to share information and coordinate the supply chain, which can effectively improve the performance of the integral supply chain and implement a “win-win” strategy for the third-party remanufacturer and the platform.

SustainabilityVol. 16(21)
Henan University of Science and Technology (CN)
Decent work and economic growth
Openalex Percentile: Top 49%
Transportation and Mobility Innovations
0.20
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