Parameters of the model
| Symbol | Definition | Symbol | Definition |
|---|---|---|---|
| Basic market demand, | Subsidy amount per unit of product greenness | ||
| Random demand caused by market uncertainty | Profit of the manufacturer in supply chain under subsidy policy | ||
| Standard deviation of random market demand, | Expected profit of the green manufacturer in supply chain under subsidy policy | ||
| Competition intensity between supply chains, | Utility of the green manufacturer in supply chain under subsidy policy | ||
| Consumers' green preference coefficient, | Profit of the retailer in supply chain under subsidy policy | ||
| Market demand of the product of supply chain under subsidy policy | Expected profit of the green retailer in supply chain under subsidy policy | ||
| Greenness level of the green product under subsidy policy ; decision variable | Profit of supply chain under subsidy policy | ||
| Wholesale price of the product in supply chain under subsidy policy ; decision variable | Government subsidy amount under subsidy policy | ||
| Retail price of the product in supply chain under subsidy policy ; decision variable | Environmental benefit under subsidy policy | ||
| Risk-aversion coefficient of the green manufacturer | Economic benefit under subsidy policy | ||
| Subsidy coefficient of the product retail price | Comprehensive benefit under subsidy policy |
| Symbol | Definition | Symbol | Definition |
|---|---|---|---|
| Basic market demand, | Subsidy amount per unit of product greenness | ||
| Random demand caused by market uncertainty | Profit of the manufacturer in supply chain | ||
| Standard deviation of random market demand, | Expected profit of the green manufacturer in supply chain | ||
| Competition intensity between supply chains, | Utility of the green manufacturer in supply chain | ||
| Consumers' green preference coefficient, | Profit of the retailer in supply chain | ||
| Market demand of the product of supply chain | Expected profit of the green retailer in supply chain | ||
| Greenness level of the green product under subsidy policy | Profit of supply chain | ||
| Wholesale price of the product in supply chain | Government subsidy amount under subsidy policy | ||
| Retail price of the product in supply chain | Environmental benefit under subsidy policy | ||
| Risk-aversion coefficient of the green manufacturer | Economic benefit under subsidy policy | ||
| Subsidy coefficient of the product retail price | Comprehensive benefit under subsidy policy |
Note(s): denote the conventional supply chain and the green supply chain, respectively; denote the no-subsidy policy, the price-subsidy policy, and the green-subsidy policy, respectively
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