Author
Listed:
- Fei-fei Guo
- Jia-jie Yang
- Chen-yu Jia
- Wei Jiang
Abstract
Against the backdrop of the global accelerated transition into intelligent, rural new infrastructure has become a key vehicle for bridging the urban–rural digital divide and promoting comprehensive rural revitalization. However, the practice of investment and financing for rural new infrastructure in China faces systematic challenges, including significant government fiscal pressure, market failures, and difficulties in multiagent collaboration. Existing research predominantly focuses on two-party games between the government and a single agent, failing to fully reveal the complex interaction mechanisms and cooperative potential among the three core stakeholders: government, enterprises, and rural collective economic organizations (RCEOs). Based on evolutionary game theory, this study constructs a tripartite dynamic game model and employs MATLAB simulations to systematically analyze the evolutionary paths and stability conditions of strategy selection among agents within the rural new infrastructure investment and financing system. The study finds that the system can eventually converge to the ideal equilibrium E8 (1,1,1), namely, (Strict Supervision, Active Cooperation, Active Cooperation). Furthermore, an efficient evolutionary path centered on “Government–Enterprise Collaboration†is identified, characterized by a two-stage process: first, forming a stable core of “Government Supervision–Enterprise Cooperation,†which subsequently facilitates the integration of the RCEOs and achieves comprehensive collaboration. Sensitivity analysis indicates that government supervision efficiency (social benefit increase coefficient α/supervision cost coefficient γ), enterprise incentive constraints (additional benefit Eq/subsidy reduction ratio β1, penalty P2), and RCEO incentive constraints (additional benefit Ec/subsidy reduction ratio β2, penalty G2) are key parameters affecting system convergence and efficiency. Accordingly, this study proposes phased and differentiated policies, including initial consensus building, strengthening government–enterprise collaboration, and promoting deep integration of RCEOs, supported throughout by digital supervision and credit mechanisms. This research expands the theoretical framework of multiagent collaborative governance and provides mechanism design and decision-making support for addressing the collaboration dilemmas in rural new infrastructure investment and financing.
Suggested Citation
Download full text from publisher
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hin:jnddns:4260281. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
We have no bibliographic references for this item. You can help adding them by using this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Mohamed Abdelhakeem (email available below). General contact details of provider: https://www.hindawi.com .
Please note that corrections may take a couple of weeks to filter through
the various RePEc services.