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Dual Carbon Goal-Based Quadrilateral Evolutionary Game

Study on the New Energy Vehicle Industry in China

Bibliographic Data

ID15512697
AuthorsTao Li (0000-0001-7895-4136, Shanghai International Studies University), Lei Ma (0000-0003-4268-0596, Nanjing University of Science and Technology, corresponding author), Zheng Liu (0000-0003-2471-6225, Nanjing University of Science and Technology, corresponding author), Chaonan Yi (Nanjing University of Science and Technology), Kaitong Liang (Nanjing University of Science and Technology)
Year2023
Volume20
Issue4
Pages3217-3217
Publication date2023-02-12
Open AccessYes
TypeARTICLE
VenueInternational Journal of Environmental Research and Public Health (JOURNAL)
Journal identifiersISSN: 1661-7827 • E-ISSN: 1660-4601
PublisherMultidisciplinary Digital Publishing Institute (PUBLISHER • CH)
DOI10.3390/ijerph20043217
PMID36833913
OpenAlexW4320495859
LanguageEN
References cited64

In an effort to tackle climate change, the "Dual Carbon" target raised by the Chinese government aims to reach peak carbon dioxide emissions by 2030 and to achieve carbon neutrality by 2060. Accordingly, policy incentives have accelerated the new energy vehicle (NEV) sector. Whilst previous studies have focused on the bilateral game between governments and manufacturers, NEV development has witnessed interaction among multiple players. In this paper, we construct a quadrilateral evolutionary game model, considering the impact of government policies, manufacturers' R&D investments, dealers' support, and consumer choice on the evolutionary stabilization strategy (ESS) in the context of China. The results show that: (1) in the absence of government incentives, there is no motivation for manufacturers, dealers and consumers to consider the development of NEVs; (2) government incentives affect manufacturers and consumers on the evolutionary paths in the short term. In the long term, benefit- and utility-based limited rationality has a dominant role in the ESS. This study contributes to the understanding of the multilateral dynamics of NEV innovation and provides important implications to practitioners and policy makers

Business · Carbon fibers · China · Dual (grammatical number · Economics · Energy (signal processing · Environmental economics · Geography · Industrial organization · Natural resource economics · Quadrilateral · Climate Change Policy and Economics · Computer Science · Electric Vehicles and Infrastructure · Engineering · Mathematics · Sustainable Supply Chain Management

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