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A Risk-Based Optimal Designing Model for the Grading Recycling Price of ‘Urban Mineral’ Resources

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Abstract:

The imperfect recycling price system becomes the main obstacle that blocks the development of China’s ‘Urban Mineral’ industry. It is very necessary to raise and diverse the current recycling prices in order to raise the customer’s enthusiasm. A risk-based model for designing the grading recycling price was proposed in this work. For better comparison, the model for designing unified recycling price was also constructed. The simulation results show that although the grading recycling price level is higher than the unified price, more profits and quantities could be generated by the grading recycling price system. This proves that the grading recycling price system is superior to the unified price system in encouraging the customer to provide more waste ‘Urban Mineral’ Resources.

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Periodical:

Advanced Materials Research (Volumes 610-613)

Pages:

2237-2241

DOI:

https://doi.org/10.4028/www.scientific.net/AMR.610-613.2237

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Cite this paper

Online since:

December 2012

Authors:

Xin Quan Geo*, Li Li, Xiao Zhe Yun

Keywords:

Rading Price, Recycling Price, Unified Price, Urban Mineral

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© 2013 Trans Tech Publications Ltd. All Rights Reserved

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References

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