IDEAS home Printed from https://ideas.repec.org/a/hin/jnddns/4260281.html

Research on the Incentive Mechanism for Multiagent Collaboration in Investment and Financing of Rural New Infrastructure in China: Based on Evolutionary Game Theory and Simulation

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

  • Fei-fei Guo & Jia-jie Yang & Chen-yu Jia & Wei Jiang, 2026. "Research on the Incentive Mechanism for Multiagent Collaboration in Investment and Financing of Rural New Infrastructure in China: Based on Evolutionary Game Theory and Simulation," Discrete Dynamics in Nature and Society, Hindawi, vol. 2026, pages 1-25, March.
  • Handle: RePEc:hin:jnddns:4260281
    DOI: 10.1155/ddns/4260281
    as

    Download full text from publisher

    File URL: http://downloads.hindawi.com/journals/ddns/2026/4260281.pdf
    Download Restriction: no

    File URL: http://downloads.hindawi.com/journals/ddns/2026/4260281.xml
    Download Restriction: no

    File URL: https://libkey.io/10.1155/ddns/4260281?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Kevin Siqueira & Todd Sandler, 2004. "Collective Goods, Common Agency, and Third‐Party Intervention," Bulletin of Economic Research, Wiley Blackwell, vol. 56(1), pages 1-20, January.
    2. Fei Huang & Hua Fan & Yunlong Shang & Yuankang Wei & Sulaiman Z. Almutairi & Abdullah M. Alharbi & Hengrui Ma & Hongxia Wang, 2024. "Research on Renewable Energy Trading Strategies Based on Evolutionary Game Theory," Sustainability, MDPI, vol. 16(7), pages 1-26, March.
    3. Schmitz, Patrick W., 2015. "Government versus private ownership of public goods: The role of bargaining frictions," Journal of Public Economics, Elsevier, vol. 132(C), pages 23-31.
    4. Shi Yin & Yudan Zhao, 2024. "An agent-based evolutionary system model of the transformation from building material industry (BMI) to green intelligent BMI under supply chain management," Humanities and Social Sciences Communications, Palgrave Macmillan, vol. 11(1), pages 1-15, December.
    5. Chao Liu & Hexin Wang & Yu Dai, 2023. "Sustainable Cooperation between Schools, Enterprises, and Government: An Evolutionary Game Theory Analysis," Sustainability, MDPI, vol. 15(18), pages 1-12, September.
    6. Gong, Min & Zeng, Yidi & Zhang, Fan, 2023. "New infrastructure, optimization of resource allocation and upgrading of industrial structure," Finance Research Letters, Elsevier, vol. 54(C).
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Ronit Mukherji, 2023. "Risk Sharing in Public-Private Partnerships," SN Operations Research Forum, Springer, vol. 4(4), pages 1-17, December.
    2. Lily Hsueh, 2019. "Voluntary climate action and credible regulatory threat: evidence from the carbon disclosure project," Journal of Regulatory Economics, Springer, vol. 56(2), pages 188-225, December.
    3. Schmitz, Patrick W., 2021. "Optimal ownership of public goods under asymmetric information," Journal of Public Economics, Elsevier, vol. 198(C).
    4. Hexin Wang & Chao Liu & Yu Dai, 2024. "How Can the Government Promote Sustainable Cooperation between Schools and Enterprises? A Quadrilateral Evolutionary Game Study," Sustainability, MDPI, vol. 16(17), pages 1-14, August.
    5. Jin, Laiqun & Cao, Kairui & Li, Jiaye & Xu, Qunfang, 2024. "Information infrastructure construction and optimization of resources allocation among firms: Evidence from “Broadband China” strategy," International Review of Economics & Finance, Elsevier, vol. 91(C), pages 36-53.
    6. Qiu, Weijian & Yang, Wenxuan & Qiu, Le, 2025. "Population aging, market competition and enterprise green innovation," Finance Research Letters, Elsevier, vol. 74(C).
    7. Zhao, Chenyuan & Lei, Zhaolongyu & Zhao, Xu & Wang, Yuxuan, 2025. "Carbon finance development, industrial structure and green financial instruments," The North American Journal of Economics and Finance, Elsevier, vol. 78(C).
    8. Lefeng Cheng & Mengya Zhang & Pengrong Huang & Wentian Lu, 2024. "Game-Theoretic Approaches for Power-Generation Companies’ Decision-Making in the Emerging Green Certificate Market," Sustainability, MDPI, vol. 17(1), pages 1-53, December.
    9. Müller, Daniel & Schmitz, Patrick W., 2017. "Optimal ownership of public goods in the presence of transaction costs," Economics Letters, Elsevier, vol. 152(C), pages 88-92.
    10. SIQUEIRA, Kevin & SANDLER, Todd & CAULEY, Jon, 2009. "Common agency and state-owned enterprise reform," China Economic Review, Elsevier, vol. 20(2), pages 208-217, June.
    11. Xing, Chunyu & Li, Xiaorui & Meng, Hang, 2024. "Influence of enterprise innovation on auditor behavior," Finance Research Letters, Elsevier, vol. 67(PA).
    12. Li, Xiaolu & Yue, Zhonggang & Wu, Yuchuan, 2025. "Impacts of financial technology on resource allocation efficiency: A perspective based on the distribution differences of Inter-enterprise total factor productivity," International Review of Economics & Finance, Elsevier, vol. 99(C).
    13. Hou, Shaobo & Niu, Wenzheng & Chen, Baihe & Rong, Ke, 2026. "Industrial classification policy and its orientation on digital innovation: Evidence from a quasi-natural experiment and attention mechanisms," Technovation, Elsevier, vol. 151(C).
    14. Xu, Qian & Liu, Ya'nan, 2025. "Trade liberalization and green productivity: Evaluating the spillover effects of free trade zone policies in emerging economies," International Review of Economics & Finance, Elsevier, vol. 103(C).
    15. Gangqiang Yang & Yongyu Xue & Yuxi Ma, 2019. "Social Organization Participation, Government Governance and the Equalization of Basic Public Services: Evidence from China," IJERPH, MDPI, vol. 16(16), pages 1-20, August.
    16. Meseret Chanieabate & Hai He & Chuyue Guo & Betelhem Abrahamgeremew & Yuanji Huang, 2023. "Examining the Relationship between Transportation Infrastructure, Urbanization Level and Rural-Urban Income Gap in China," Sustainability, MDPI, vol. 15(10), pages 1-20, May.
    17. Liu, Ya’nan, 2025. "Digital financial policy, technological innovation, and the dynamic effects of E-commerce development," Finance Research Letters, Elsevier, vol. 85(PE).
    18. Wang, Nian & Huang, Yue & Liao, Ruiwen, 2025. "Kill two birds with one stone: How to strengthen digital new infrastructure's impacts on urban green innovation – The channel of factor allocation," International Review of Economics & Finance, Elsevier, vol. 98(C).
    19. Jie Cheng & Ni Sun & Ya-Nan Zou & Ke-Bin Lu & Dan-Dan Wang, 2025. "Leveraging Big Data Analytics Capability and Green Supplier Integration for Improved Economic, Social, and Environmental Sustainability in Manufacturing Companies," SAGE Open, , vol. 15(3), pages 21582440251, September.
    20. Graham Mallard, 2014. "Static Common Agency And Political Influence: An Evaluative Survey," Journal of Economic Surveys, Wiley Blackwell, vol. 28(1), pages 17-35, February.

    More about this item

    Statistics

    Access and download statistics

    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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.