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Evolutionary game equilibrium in the downstream carbon market: Evidence from the household size in China

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  • Xiaoyuan Qi
  • Ying Han
  • Baoling Jin

Abstract

Carbon trading downstream, as a key strategy for decreasing carbon emissions, has the potential to hasten the entire society's decarbonization. Taking the government, household, and carbon trading management center as stakeholders, this paper constructs a tripartite evolutionary game model, examines and stimulates evolutionary stability strategies, and then proposes some policy implications. Findings show that the downstream carbon market faces a complex evolutionary process. The promotion of the policy can be split into two periods: policy promotion and policy stability implementation. And proper household size management is a crucial and effective strategy to encourage downstream carbon trading programs and emission reduction.

Suggested Citation

  • Xiaoyuan Qi & Ying Han & Baoling Jin, 2023. "Evolutionary game equilibrium in the downstream carbon market: Evidence from the household size in China," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 44(5), pages 2814-2834, July.
  • Handle: RePEc:wly:mgtdec:v:44:y:2023:i:5:p:2814-2834
    DOI: 10.1002/mde.3849
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