IDEAS home Printed from https://ideas.repec.org/h/spr/sprchp/978-3-662-43871-8_43.html
   My bibliography  Save this book chapter

Under Stochastic Demand the Production Strategy for Two Products Considering Cap-and-Trade Regulation

In: Liss 2014

Author

Listed:
  • Zhenyu Luo

    (Tian Fu College of Southwestern University of Finance and Economics)

  • Changsong Ma

    (Tian Fu College of Southwestern University of Finance and Economics)

Abstract

This paper considers a production model involving one manufacture who produces two similar products. One is “green” product, and the other product is “regular” product. In this paper, we formulate models to examine the impact of production for two products under cap and trade policy and study the effect of the green technology input. Analytical results are obtained: With cap and trade policy, the manufacture’s maximum quantity for product 1 and product 2 is not higher than the case without carbon emission constraint, and the expected profit of manufacturer under this situation depends on the initial allowance. Manufactures are required to apply some green technologies to produce “green” products. General economics concepts are achieved. That is, the green technology input could improve manufacture’s normal product quantities and expected profit in some degree.

Suggested Citation

  • Zhenyu Luo & Changsong Ma, 2015. "Under Stochastic Demand the Production Strategy for Two Products Considering Cap-and-Trade Regulation," Springer Books, in: Zhenji Zhang & Zuojun Max Shen & Juliang Zhang & Runtong Zhang (ed.), Liss 2014, edition 127, pages 281-290, Springer.
    • Handle: RePEc:spr:sprchp:978-3-662-43871-8_43
    DOI: 10.1007/978-3-662-43871-8_43
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:sprchp:978-3-662-43871-8_43. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.