The impact of environmental regulations on enterprise production——Based on the production game model
Xuecheng Fan,
Xinxin Wang,
Zeshui Xu
Abstract:As an integral part of the modern environmental governance system, environmental regulations have the potential to alter the dynamics of competition and cooperation, resulting in a phenomenon known as the “relatively better” effect. In light of this phenomenon, we have developed a static game model based on incomplete information to analyze its implications. Through the exploration of Nash equilibrium, we have discovered that the "relatively better" effect allows environmentally regulated clean enterprises to … Show more
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