IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/86718.html

Some searches may not work properly. We apologize for the inconvenience.

   My bibliography  Save this paper

An environmentally sustainable global economy. A coopetitive model

Author

Listed:
  • Carfì, David
  • Donato, Alessia
  • Schilirò, Daniele

Abstract

This paper proposes a model representing a global economy which aims to become environmentally sustainable. The model looks both at the production side and the consumption side of the economy. Regarding the production side, the suggested model considers investment and innovation in climate technologies, whereas on the side of the consumption it takes into account economic and policy instruments to change the patterns of consumption of the households. The model follows a game theory approach and applies a theoretical framework à la Cournot. The results of the paper are the following: the model provides win-win solutions, namely strategic situations in which each country takes advantages by cooperating and competing at the same time within the global economy, and where each country gets a positive return. In fact, the model shows the convenience for each country to cooperate and suggests the implementation of policies in order to satisfy the basic requirements of 2030 Agenda for Sustainable Development, in terms of production, consumption and climate change.

Suggested Citation

  • Carfì, David & Donato, Alessia & Schilirò, Daniele, 2018. "An environmentally sustainable global economy. A coopetitive model," MPRA Paper 86718, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:86718
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/86718/1/MPRA_paper_86718.pdf
    File Function: original version
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Carfì, David, 2008. "Optimal boundaries for decisions," MPRA Paper 29243, University Library of Munich, Germany.
    2. Tiru Arthanari & David Carfì & Francesco Musolino, 2015. "Game Theoretic Modeling of Horizontal Supply Chain Coopetition among Growers," International Game Theory Review (IGTR), World Scientific Publishing Co. Pte. Ltd., vol. 17(02), pages 1-22.
    3. Flávio Rodrigues & Victoria Souza & João Leitão, 2011. "Strategic coopetition of global brands: a game theory approach to 'Nike + iPod Sport Kit' co-branding," International Journal of Entrepreneurial Venturing, Inderscience Enterprises Ltd, vol. 3(4), pages 435-455.
    4. David CARFI & Daniele SCHILIRO, 2012. "A Model Of Coopetitive Game For The Environmental Sustainability Of A Global Green Economy," Journal of Advanced Research in Management, ASERS Publishing, vol. 3(1), pages 5-17.
    5. David Carfì & Emanuele Perrone, 2013. "Asymmetric Cournot Duopoly: A Game Complete Analysis," Journal of Reviews on Global Economics, Lifescience Global, vol. 2, pages 194-202.
    6. repec:srs:jarle2:2:v:3:y:2012:i:1:p:10-25 is not listed on IDEAS
    7. David CARFÌ & Michael CAMPBELL, 2015. "Bounded Rational Speculative and Hedging Interaction Model in Oil and U S Dollar Markets," Journal of Mathematical Economics and Finance, ASERS Publishing, vol. 1(1), pages 4-28.
    8. Carfì, David & Schilirò, Daniele, 2012. "A coopetitive model for the green economy," Economic Modelling, Elsevier, vol. 29(4), pages 1215-1219.
    9. Daniela Baglieri & David Carfì & Giovanni Battista Dagnino, 2016. "Asymmetric R&D Alliances in the Biopharmaceutical Industry," International Studies of Management & Organization, Taylor & Francis Journals, vol. 46(2-3), pages 179-201, April.
    10. David, Carfì & Daniele, SCHILIRO', 2014. "Improving competitiveness and trade balance of Greek economy: a coopetitive strategy model," MPRA Paper 55124, University Library of Munich, Germany.
    11. David CARFÌ & Emanuele PERRONE, 2011. "Game Complete Analysis Of Bertrand Duopoly," Theoretical and Practical Research in the Economic Fields, ASERS Publishing, vol. 2(1), pages 4-21.
    12. Daniele Schilirò, 2007. "Knowledge, Learning, Networks and Performance of Firms in Knowledge-Based Economies," CRANEC - Working Papers del Centro di Ricerche in Analisi economica e sviluppo economico internazionale crn0702, Università Cattolica del Sacro Cuore, Centro di Ricerche in Analisi economica e sviluppo economico internazionale (CRANEC).
    13. repec:srs:volume:v:1:y:2015:i:1:p:46-75 is not listed on IDEAS
    14. Kuo Ming Chu, 2016. "The Role of a Strategic and Sustainable Orientation in Green Supply Chain Management," International Journal of Sustainable Entrepreneurship and Corporate Social Responsibility (IJSECSR), IGI Global, vol. 1(2), pages 40-61, July.
    15. repec:srs:volume:v:1:y:2015:i:1:p:4-28 is not listed on IDEAS
    16. Hagedoorn, John & Carayannis, Elias & Alexander, Jeffrey, 2001. "Strange bedfellows in the personal computer industry: technology alliances between IBM and Apple," Research Policy, Elsevier, vol. 30(5), pages 837-849, May.
    17. Carfì, David & Bagileri, Daniela & Dagnino, Gianbattista, 2012. "Asymmetric R&D alliances and coopetitive games," MPRA Paper 37095, University Library of Munich, Germany.
    18. Alex Lyakhov & Travis Gliedt & Nathan Jackson, 2016. "Scaling Sustainability Value in Sustainability Purpose Organizations: A Non-Profit and Business Comparison," International Journal of Sustainable Entrepreneurship and Corporate Social Responsibility (IJSECSR), IGI Global, vol. 1(1), pages 17-31, January.
    19. David Carfì & Francesco Musolino, 2011. "Fair Redistribution In Financial Markets A Game Theory Complete Analysis," Journal of Advanced Studies in Finance, ASERS Publishing, vol. 2(2), pages 74-100.
    20. Jeffrey Gauthier & Chris Meyer & David Cohen, 2016. "Framing Sustainable Practices: Middle Managers and Social Intrapreneurial Championing," International Journal of Sustainable Entrepreneurship and Corporate Social Responsibility (IJSECSR), IGI Global, vol. 1(2), pages 21-39, July.
    21. repec:srs:volume:v:3:y:2012:i:1(5):p:10-25 is not listed on IDEAS
    22. repec:srs:volume:v:2:y:2016:i:1:p:21-58 is not listed on IDEAS
    23. Fiala, Nathan, 2008. "Meeting the demand: An estimation of potential future greenhouse gas emissions from meat production," Ecological Economics, Elsevier, vol. 67(3), pages 412-419, October.
    24. David CARFÌ & Angelica PINTAUDI, 2012. "Optimal Participation In Illegitimate Market Activities Complete Analysis Of 2 Dimensional Cases," Journal of Advanced Research in Law and Economics, ASERS Publishing, vol. 3(1(5)), pages 10-25.
    25. Carfì, David & Ricciardello, Angela, 2009. "Non-reactive strategies in decision-form games," MPRA Paper 29262, University Library of Munich, Germany.
    26. Carfí, David & Musolino, Francesco, 2014. "Speculative and hedging interaction model in oil and U.S. dollar markets with financial transaction taxes," Economic Modelling, Elsevier, vol. 37(C), pages 306-319.
    27. Daniela Baglieri & David Carf`i & Giovanni Battista Dagnino, 2012. "Asymmetric R&D Alliances and Coopetitive Games," Papers 1205.2878, arXiv.org.
    28. Carfì, David & Musolino, Francesco, 2012. "Game theory and speculation on government bonds," Economic Modelling, Elsevier, vol. 29(6), pages 2417-2426.
    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. Carfì, David & Donato, Alessia & Schilirò, Daniele, 2018. "Sustainability of global feeding.Coopetitive interaction among vegan and non-vegan food firms," MPRA Paper 88400, University Library of Munich, Germany.
    2. Alessia Donato & David Carfì & Beatrice Blandina, 2018. "Coopetitive Games for Management of Marine Transportation Activity: A Study Case," Mathematics, MDPI, vol. 6(12), pages 1-17, December.
    3. David CARFI & Caterina FICI, 2012. "The Government-Taxpayer Game," Theoretical and Practical Research in the Economic Fields, ASERS Publishing, vol. 3(1), pages 13-25.
    4. David, Carfì & Daniele, SCHILIRO', 2014. "Improving competitiveness and trade balance of Greek economy: a coopetitive strategy model," MPRA Paper 76970, University Library of Munich, Germany.
    5. Carfì, David & Musolino, Francesco, 2012. "Game theory and speculation on government bonds," Economic Modelling, Elsevier, vol. 29(6), pages 2417-2426.
    6. Carfí, David & Musolino, Francesco, 2014. "Speculative and hedging interaction model in oil and U.S. dollar markets with financial transaction taxes," Economic Modelling, Elsevier, vol. 37(C), pages 306-319.
    7. David Carfì & Alessia Donato, 2018. "Cournot-Bayesian General Equilibrium: A Radon Measure Approach," Mathematics, MDPI, vol. 7(1), pages 1-19, December.
    8. Tiru Arthanari & David Carfì & Francesco Musolino, 2015. "Game Theoretic Modeling of Horizontal Supply Chain Coopetition among Growers," International Game Theory Review (IGTR), World Scientific Publishing Co. Pte. Ltd., vol. 17(02), pages 1-22.
    9. Musolino, Francesco & Carfì, David, 2012. "A game theory model for currency markets stabilization," MPRA Paper 39240, University Library of Munich, Germany.
    10. Carfì, David & Schilirò, Daniele, 2011. "A framework of coopetitive games: applications to the Greek crisis," MPRA Paper 78089, University Library of Munich, Germany.
    11. Campbell, Michael, 2020. "Speculative and hedging interaction model in oil and U.S. dollar markets—Long-term investor dynamics and phases," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 540(C).
    12. Patrycja Klimas & Ali Ashraf Ahmadian & Morteza Soltani & Meisam Shahbazi & Ali Hamidizadeh, 2023. "Coopetition, Where Do You Come From? Identification, Categorization, and Configuration of Theoretical Roots of Coopetition," SAGE Open, , vol. 13(1), pages 21582440221, January.
    13. Carfì, David & Musolino, Francesco, 2012. "Game theory model for European government bonds market stabilization: a saving-State proposal," MPRA Paper 39742, University Library of Munich, Germany.
    14. Vik Pant & Eric Yu, 2018. "Modeling Simultaneous Cooperation and Competition Among Enterprises," Business & Information Systems Engineering: The International Journal of WIRTSCHAFTSINFORMATIK, Springer;Gesellschaft für Informatik e.V. (GI), vol. 60(1), pages 39-54, February.
    15. Carfí, David & Donato, Alessia & Fredella, Maria Incoronata & Squillante, Massimo, 2021. "Coopetitive games for environmental sustainability: Climate change and decision global policies," Socio-Economic Planning Sciences, Elsevier, vol. 75(C).
    16. Campbell, Michael J. & Smith, Vernon L., 2021. "An elementary humanomics approach to boundedly rational quadratic models," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 562(C).
    17. Miguel Afonso Sellitto & Guilherme Schreiber Pereira & Rafael Marques & Daniel Pacheco Lacerda, 2018. "Systemic Understanding of Coopetitive Behaviour in a Latin American Technological Park," Systemic Practice and Action Research, Springer, vol. 31(5), pages 479-494, October.
    18. Alicia Vidler & Toby Walsh, 2024. "Non cooperative Liquidity Games and their application to bond market trading," Papers 2405.02865, arXiv.org.
    19. Emiko Fukase & Will Martin, 2016. "Who Will Feed China in the 21st Century? Income Growth and Food Demand and Supply in China," Journal of Agricultural Economics, Wiley Blackwell, vol. 67(1), pages 3-23, February.
    20. Haiying Shao & Bowen Li & Yanjun Jiang, 2023. "Effect and Mechanism of Environmental Decentralization on Pollution Emission from Pig Farming—Evidence from China," Sustainability, MDPI, vol. 15(10), pages 1-15, May.

    More about this item

    Keywords

    Climate Change; Environmental Sustainability; Model à la Cournot; Coopetitive Games; Green Economy;
    All these keywords.

    JEL classification:

    • C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games
    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory
    • Q40 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - General
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy
    • Q50 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - General

    NEP fields

    This paper has been announced in the following NEP Reports:

    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:pra:mprapa:86718. 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: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

    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.