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Strategic Interaction Between China, the United States and Europe in the Reconstruction of the High-Tech Industrial Chain from the Perspective of Game Theory

In: Proceedings of the 2025 4th International Conference on Public Service, Economic Management and Sustainable Development (PESD 2025)

Author

Listed:
  • Jiayi Zhong

    (The University of Hong Kong, Faculty of Social Sciences)

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.

Suggested Citation

  • Jiayi Zhong, 2025. "Strategic Interaction Between China, the United States and Europe in the Reconstruction of the High-Tech Industrial Chain from the Perspective of Game Theory," Advances in Economics, Business and Management Research, in: Qihui Chen & Nazrul Islam & Zulkiflee bin Mohamed & Yahua Xu (ed.), Proceedings of the 2025 4th International Conference on Public Service, Economic Management and Sustainable Development (PESD 2025), pages 216-222, Springer.
  • Handle: RePEc:spr:advbcp:978-94-6463-916-2_26
    DOI: 10.2991/978-94-6463-916-2_26
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