Strategic Interaction Between China, the United States and Europe in the Reconstruction of the High-Tech Industrial Chain from the Perspective of Game Theory
Jiayi Zhong ()
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Jiayi Zhong: The University of Hong Kong, Faculty of Social Sciences
A chapter in Proceedings of the 2025 4th International Conference on Public Service, Economic Management and Sustainable Development (PESD 2025), 2025, pp 216-222 from Springer
Abstract:
Abstract The deep restructuring of global high-tech industry chains presents a critical challenge characterized by asymmetric dependencies and escalating competition among China, the US, and the EU. Therefore, this article constructs a three party non cooperative game model. Next, we integrate complex network theory to quantify node connectivity strength and vulnerability within the industry chain. Finally, multi-agent simulations are employed to dynamically evolve strategies under diverse policy combinations. Results reveal that global cooperation agreements significantly reduce reconstruction costs by 29.19%, while the EU’s “Strategic Autonomy” policy increases its payoff from 50 to 52. This study provides quantitative decision-making support for navigating high-tech chain restructuring through our novel game-network framework.
Keywords: Global High-Tech Industrial Chain Reconstruction; Game Theory Perspective; Multilateral Coordination Mechanism; Strategic Autonomy Policy; Industrial Chain Payment (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-916-2_26
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DOI: 10.2991/978-94-6463-916-2_26
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