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This paper describes how a recycling system works with or without a recycling dealer based on two economic models. Whereas a producer recycles used products in the first model, a recycling dealer does so instead of the producer in the second one. Using the models, we examine the decision making and interactions of economic agents. Based on these models, we(More)
This paper describes the formation of recycling markets by economic experiments with human subjects. A recycling system is not comprised only of its technology because direct and indirect effects of new technology depend on the economic system in which it functions. This study specifically addresses economic activity in product recycling. We elucidate it(More)
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