2022
DOI: 10.1002/sd.2325
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A green path towards sustainable development: Optimal behavior of the duopoly game model with carbon neutrality instruments

Abstract: Carbon emission is a global issue, and China is facing many problems to resolve it, especially in emission‐generating companies (EGCs). To maintain sustainable development, it is necessary to reduce carbon emissions for the well‐being of society, and carbon neutrality can play an important role. With China targeting the goal of carbon neutrality to reduce carbon emissions, this research aims to bridge the gap in the literature by considering carbon neutrality instruments in a duopoly market. The study sets up … Show more

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Cited by 78 publications
(15 citation statements)
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References 79 publications
(183 reference statements)
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“…Geng, Ji and Yang use an evolutionary game to discuss the mechanism by which a coalition of firms and governments are jointly responsible for corporate carbon reduction efforts [ 62 ]. Hussain and Lee develop a duopoly game model to analyze the role of green bond provision, emission taxes and emission allowance [ 63 ]. Kim et al analyze the impact of loan support and carbon taxes, concluding that additional R&D budgets should be used to enhance green technologies [ 64 ].…”
Section: Literature Reviewmentioning
confidence: 99%
“…Geng, Ji and Yang use an evolutionary game to discuss the mechanism by which a coalition of firms and governments are jointly responsible for corporate carbon reduction efforts [ 62 ]. Hussain and Lee develop a duopoly game model to analyze the role of green bond provision, emission taxes and emission allowance [ 63 ]. Kim et al analyze the impact of loan support and carbon taxes, concluding that additional R&D budgets should be used to enhance green technologies [ 64 ].…”
Section: Literature Reviewmentioning
confidence: 99%
“…Green behavior of the customers toward buying a product or acquiring services that infer the buying attitude toward organizational operations whether the product is manufactured under environment‐friendly environmental conditions (Darvishmotevali & Altinay, 2022; Hussain & Lee, 2022; Vazifehdoust et al, 2013; Zameer & Yasmeen, 2022). Green behavior also defined as the attention of consumers toward products that could be recycled and is manufactured for the betterment of society (Darvishmotevali & Altinay, 2022; Mostafa, 2007).…”
Section: Literature Reviewmentioning
confidence: 99%
“…The result illustrated that environmental policies perform a more significant promotion effect on the implementation of OSC, while supply-side and demand-side policies have no direct effect on the implementation of OSC by developers. Hence, the government should optimize the policy system and implement a combination of mandatory policies and market-based instruments (Xue et al, 2021;Hussain and Lee, 2022).…”
Section: Off-site Constructionmentioning
confidence: 99%