Refurbished or Remanufactured?-An Experimental Study on Consumer Choice Behavior.

ABSTRACT: Remanufacturing is one of the important means to achieve circular economy and improve the reuse of resources. But, compared with the reuse of old parts, most ordinary Chinese consumers are not familiar with remanufacturing. Because of this, the development of China's remanufacturing industry is hindered. This paper introduces two kinds of consumer goods with different attributes, namely MP4 (the hedonic product) and cartridge (the functional product). The empirical study on the consumption behavior of Chinese consumers when they are faced with a variety of recycling options was performed. Empirical studies are divided into two stages: participants need to give hypothetical purchase decisions when facing situations of two products (new products and remanufactured products) and three product

SUBMITTER: Chen Y 

PROVIDER: S-EPMC7326041 | biostudies-literature | 2020

REPOSITORIES: biostudies-literature