Marine Construction Waste Recycling Mechanism Considering Public Participation and Carbon Trading: A Study on Dynamic Modeling and Simulation Based on Sustainability Policy

Junwu Wang, Yinghui Song, Wei Wang (), Suikuan Wang, Feng Guo and Jiequn Lu
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Junwu Wang: School of Civil Engineering and Architecture, Wuhan University of Technology, Wuhan 430062, China
Yinghui Song: School of Civil Engineering and Architecture, Wuhan University of Technology, Wuhan 430062, China
Wei Wang: China Construction Third Engineering Bureau Group Co., Ltd., Wuhan 430000, China
Suikuan Wang: China Construction Third Engineering Bureau Group Co., Ltd., Wuhan 430000, China
Feng Guo: School of Civil Engineering and Architecture, Wuhan University of Technology, Wuhan 430062, China
Jiequn Lu: School of Civil Engineering and Architecture, Wuhan University of Technology, Wuhan 430062, China

Sustainability, 2022, vol. 14, issue 16, 1-22

Abstract: The classification and recycling of construction waste is important for reducing waste emissions, preventing marine pollution, and protecting the natural environment, which can promote carbon trading and carbon sink cycles. Based on the evolutionary game theory, this paper investigated the evolutionary decision-making process and stable strategies of three stakeholders in the construction waste recycling system, namely, the Department of Environment Regulation (DER), the Construction Waste Recycler (CWR), and the Construction Project Contractor (CPC), and analyzed the main factors affecting the stakeholders’ strategies, the evolutionary stable strategies and stable conditions from the perspective of public participation and carbon trading. Then, a DER-CWR-CPC benefit matrix and a replicator dynamics equation representing strategy selection were constructed, in which parameters represent the interest relationship of the three parties, and evolutionary stable strategy (ESS) points were obtained by solving the Jacobian matrix. Finally, the validity of the model was verified by taking the actual values into the simulation. The results showed that DER needs to actively participate in the early stage of the development of the construction waste classification and recycling system, but with the increase of enterprises choosing to recycle construction waste, DER can gradually reduce its intervention in these enterprises. Setting reasonable incentives and penalties, mobilizing public participation, and developing cleaner construction waste sorting equipment to obtain more carbon emission trading targets can facilitate the development of construction waste recycling systems.

Keywords: construction waste; evolutionary game; public participation; carbon trading; low carbon economy (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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