Investments in energy efficiency with government environmental sensitiveness: An application of geometric programming and game theory
Zahra Fatemi,
Seyed Jafar Sadjadi,
Armin Jabbarzadeh
et al.
Abstract:To maintain a competitive advantage, manufacturers of household appliances should promote energy efficiency, considering the impact on customer purchasing behavior. Since energy efficiency and pricing policies influence customers' purchasing decisions, manufacturers confront significant challenges in balancing costs and demand since they must consider their profit-maximizing objective and government regulations. The Stackelberg game framework represents the interactions between the government, the leader, and … Show more
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