Investigating the inferior manufacturer’s cooperation with a third party under the energy performance contracting mechanism

作者: Wenjie Zhang , Zheng Wang , Hongping Yuan , Pengpeng Xu

DOI: 10.1016/J.JCLEPRO.2020.122530

关键词: Economic surplusDuopolyEnergy performanceProduction (economics)Industrial organizationEfficient energy useBusinessRevenue sharingGame theoryService level

摘要: Abstract In a duopoly market where exists technological differences, the inferior manufacturer always lies in disadvantaged status because of terrible energy efficiency production. Lack cooperation fee, and disadvantages technology skills are main barriers limiting manufacturer’s advancement. This study aims to investigate with third party under Energy Performance Contracting (EPC) mechanism through game theory model. The results show that: (i) Cooperation EPC could help achieve advancement gain more profits without bearing extra fees. (ii) When carries out mechanism, four major factors critical, including revenue sharing ratio party, service level size price. (iii) cooperation, optimal provided by depends on ratio. (iv) would reduce equilibrium price, enhance total quantities meanwhile increase consumer surplus. Overall, contributes exploring feasibility introducing fulfill advancement, which does not bear any fee for cooperation. Particularly, investigating decisions assessing between based game-theoretic models.

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