Game Theory Applied in the Management of Electric and Electronic Equipment Waste in BrazilAraujo MV*, Silva Marins FA, Santos MA, de Oliveira UR and Muniz Júnior J
Sao Paulo State University - UNESP, Av. Ariberto Pereira da Cunha, 333, Guaratingueta - SP, 12516410, Brazil
- *Corresponding Author:
- Araujo MV
Sao Paulo State University-UNESP,Av. Ariberto Pereira da Cunha
333, Guaratingueta - SP, 12516410
E-mail: [email protected]
Received date: March 04, 2017; Accepted date: March 06, 2017; Published date: March 08, 2017
Citation: Araujo MV, Silva Marins FA, Santos MA, de Oliveira UR, Muniz Junior J (2017) Game Theory Applied in the Management of Electric and Electronic Equipment Waste in Brazil. Adv Recycling Waste Manag 2: 125. doi:10.4172/2475-7675.1000125
Copyright: © 2017 Araujo MV, et al. This is an open-access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
Economic and environmental crises appear to increasingly come from similar exogenous origins, such as market failures, and endogenous sources, such as poor management of scarce natural resources. Notably, the establishment of PNRS (National Policy of Solid Waste) in Brazil led to the development of reverse logistics (RL) practices for various economic sectors, particularly electrical and electronic equipment. This paper focuses on this question and presents a quantitative evaluation of possible economic results that could be obtained using Game Theory in a negotiation between electronic manufacturers and a cooperative of collectors/recyclers of waste electrical and electronic equipment (WEEE). This article shows that there is a possibility of eliminating market failures and improving the management of resources to obtain optimal WEEE management through the implementation of Economic Game Theory along with the Coase Theorem. The discussion highlights the importance of choosing WEEE management tools in Brazil, including criteria for potentially negotiating between economic agents associated with waste.