Evolutionary game theoretic analysis on low-carbon strategy for supply chain enterprises

Kang, Kai; Zhao, Yujie; Zhang, Jing; Chen, Qiang

doi:10.1016/j.jclepro.2019.05.118

Cited by 147 publications

(60 citation statements)

References 34 publications

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“…(1) According to Equation (5), similar to the analysis in the Proof of Proposition 1, we can get dΠ m lt (q lt ) dq lt = (p − ε)F(q lt ) + ε − p c e 0 − (ω lt + t lt )(1 + r lt ),…”

Section: Proof Of Propositionmentioning

confidence: 87%

“…In order to accomplish this task, China officially launched the national unified carbon emission trading market in 2017, which is the first developing country to control carbon emissions with cap-and-trade system. In this context, many enterprises have begun to market low-carbon processed products, such as Super Species and Freshhema [5]. However, the low-carbon supply chain involves many links and requires a lot of capital investments.…”

Section: Introductionmentioning

confidence: 99%

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Research on Operation and Financing Strategy of an Emission-Dependent Supply Chain under Variable Transportation Fee Strategy

Zhang

Yao

2019

Sustainability

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Under the carbon cap-and-trade mechanism, we consider an emission-dependent supply chain consisting of a supplier, a manufacturer, and a 3PL firm that adopts variable transportation fee strategy. Five models on the basis of the supplier and manufacturer with or without capital constraints are considered to discuss members’ optimal decisions. The insights are obtained as follows. First, the ordering quantity under 3PL financing service is larger than that under two firms are well-funded when the transportation fee or carbon emission is less than a certain constant. The variable transportation fee strategy and members’ carbon emission reduction behavior are beneficial to each supply chain participant. Second, the carbon emissions of members decide whose capital constraint is more beneficial to 3PL firm, and 3PL prefers to cooperate with a medium rich manufacturer (rich supplier). Third, the external financing modes are analyzed to get the 3PL financing service can create new value for the manufacturer and 3PL if the transportation fee is below a threshold, and this threshold increases with the manufacturer’s carbon emission. When the transportation fee is larger than a threshold, a capital-constrained supplier will choose bank financing, and this threshold decreases with the supplier’s carbon emission. Finally, we demonstrate that the manufacturer’s loss aversion (carbon cap) can increase (decrease) its bankruptcy threshold.

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Section: Proof Of Propositionmentioning

confidence: 87%

Section: Introductionmentioning

confidence: 99%

Research on Operation and Financing Strategy of an Emission-Dependent Supply Chain under Variable Transportation Fee Strategy

Zhang

Yao

2019

Sustainability

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“…As a new game theory research method, evolutionary game theory combines traditional game theory with animal evolution theory to analyze the game behavior of different participants . In recent years, evolutionary games are widely used in multiple fields, such as low‐carbon supply chain, photovoltaic poverty alleviation, public–private partnership reconstruction of buildings, environmental pollution, and collaborative carbon emission reduction . However, the evolutionary game theory was rarely used in energy storage field.…”

Section: Energy Storage Policy and Literature Reviewmentioning

confidence: 99%

Research on promotion incentive policy and mechanism simulation model of energy storage technology

Wang

Tan

et al. 2019

Energy Science & Engineering

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With the promulgation and implementation of a large number of renewable energy policies in China, the rapid development of renewable energy is accompanied by the prominent phenomenon of renewable energy abandoning wind and light. Energy storage technology is the key technology to promote the consumption of renewable energy. The government can promote the energy storage technology through the incentive policy of energy storage industry. Firstly, content analysis method is used to analyze China's energy storage policy, and five incentive policies for promoting energy storage technology are obtained. Secondly, built a game model of energy storage technology promotion based on the evolutionary game theory. Finally, use MATLAB software for numerical simulation. Numerical simulation results show that: (a) When the local government chooses to promote less, energy enterprises will eventually adopt the nonconfigure strategy; (b) when the local government chooses to promote more vigorously, energy enterprises will finally adopt the configure strategy; (c) increase in the total electricity sold by energy enterprises with energy storage devices, the sales price of energy stored per unit, the compensation price of energy stored per unit, tax relief standards, and incentive costs of local governments can promote energy enterprises to choose configure strategies; and (d) the reduction of unit energy storage cost, configure cost, and comprehensive tax rate can promote energy enterprises to choose configure strategy.

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“…Thus, the EGT is more suitable for real game situations when compared with classical game theory. It has been rapidly applied in the fields of economy [4], [5] and management science [6], and also has been initially developed in engineering fields [7]- [10].…”

Section: Introductionmentioning

confidence: 99%

General Three-Population Multi-Strategy Evolutionary Games for Long-Term On-Grid Bidding of Generation-Side Electricity Market

et al. 2021

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Evolutionary game theoretic analysis on low-carbon strategy for supply chain enterprises

Cited by 147 publications

References 34 publications

Research on Operation and Financing Strategy of an Emission-Dependent Supply Chain under Variable Transportation Fee Strategy

Research on Operation and Financing Strategy of an Emission-Dependent Supply Chain under Variable Transportation Fee Strategy

Research on promotion incentive policy and mechanism simulation model of energy storage technology

General Three-Population Multi-Strategy Evolutionary Games for Long-Term On-Grid Bidding of Generation-Side Electricity Market

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