Industrial Symbiosis Systems: Promoting Carbon Emission Reduction Activities
Haiyan Shan,
Junliang Yang and
Guo Wei
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Haiyan Shan: China Institute of Manufacturing Development, Nanjing University of Information Science and Technology, Nanjing, Jiangsu 210044, China
Junliang Yang: School of Management Science and Engineering, Nanjing University of Information Science & Technology, Nanjing 210044, China
Guo Wei: Mathematics & Computer Science, University of North Carolina at Pembroke, Pembroke, NC 28372, USA
IJERPH, 2019, vol. 16, issue 7, 1-23
Abstract:
The carbon emission problem in China needs to be solved urgently. Industrial symbiosis, as an effective means to improve resource efficiency, can better alleviate the carbon emission problem. Under such a circumstance, this paper regards an industrial symbiosis system as a collection of producers, consumers and decomposers, and analyzes the strategic selections and behavioral characteristics of their carbon emission reduction activities through a tripartite evolutionary game model, and then the effects of related parameters on the evolutionary stable strategies of stakeholders are discussed. The results demonstrate that: (1) the regular return and the rate of return determine the ability of stakeholders to undertake carbon reduction activities; (2) the initial willingness of stakeholders to participate will affect the evolutionary speed of the strategies; (3) a high opportunity cost reduces the inertia of stakeholders to carry out carbon emission reductions; (4) producers, consumers and decomposers can avoid “free rides” by signing agreements or adopting punitive measures.
Keywords: carbon emission reduction; industrial symbiosis system; tripartite evolutionary game; evolutionary stable strategy (search for similar items in EconPapers)
JEL-codes: I I1 I3 Q Q5 (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (3)
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Persistent link: https://EconPapers.repec.org/RePEc:gam:jijerp:v:16:y:2019:i:7:p:1093-:d:217523
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