Evolutionary game equilibrium in the downstream carbon market: Evidence from the household size in China

Xiaoyuan Qi, Ying Han and Baoling Jin

Managerial and Decision Economics, 2023, vol. 44, issue 5, 2814-2834

Abstract: Carbon trading downstream, as a key strategy for decreasing carbon emissions, has the potential to hasten the entire society's decarbonization. Taking the government, household, and carbon trading management center as stakeholders, this paper constructs a tripartite evolutionary game model, examines and stimulates evolutionary stability strategies, and then proposes some policy implications. Findings show that the downstream carbon market faces a complex evolutionary process. The promotion of the policy can be split into two periods: policy promotion and policy stability implementation. And proper household size management is a crucial and effective strategy to encourage downstream carbon trading programs and emission reduction.

Date: 2023
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https://doi.org/10.1002/mde.3849

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Persistent link: https://EconPapers.repec.org/RePEc:wly:mgtdec:v:44:y:2023:i:5:p:2814-2834

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