Supply Chain Investment in Carbon Emission-Reducing Technology Based on Stochasticity and Low-Carbon Preferences
Due to excessive greenhouse gas emissions, carbon emission-reducing measures are urgently needed. Important emission-reduction measures mainly include carbon trading and low-carbon cost subsidies. Comprehensive consideration of these two policies is a research hotspot in the field of low-carbon tech...
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| Format: | Article |
| Language: | English |
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Wiley
2021-01-01
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| Series: | Complexity |
| Online Access: | http://dx.doi.org/10.1155/2021/8881605 |
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| _version_ | 1832550851766386688 |
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| author | Shan Yu Qiang Hou |
| author_facet | Shan Yu Qiang Hou |
| author_sort | Shan Yu |
| collection | DOAJ |
| description | Due to excessive greenhouse gas emissions, carbon emission-reducing measures are urgently needed. Important emission-reduction measures mainly include carbon trading and low-carbon cost subsidies. Comprehensive consideration of these two policies is a research hotspot in the field of low-carbon technology investment. Based on this background, this paper considers the impact of consumer low-carbon preferences on market demand and the impact of uncertainty in carbon emission-reduction behaviour. We construct a stochastic differential game model with upstream and downstream enterprises based on cost-sharing coordination under a cost subsidy. From a dynamic perspective, this paper researches the optimal equilibrium strategy and evolution characteristics of the joint emission-reduction mechanism in a supply chain. This paper discusses the sensitivity of the parameters and uses numerical simulation to verify the impact of each parameter on the emission-reduction decision-making activities of stakeholders after introducing the cost subsidy. The results show that a cost subsidy policy can promote carbon emission-reduction investment and supply chain profit. Thus, it is important to strengthen technical cooperation and exchange among enterprises. |
| format | Article |
| id | doaj-art-9bf3f6eeda0a48d5a13ea0b48763e277 |
| institution | Kabale University |
| issn | 1076-2787 1099-0526 |
| language | English |
| publishDate | 2021-01-01 |
| publisher | Wiley |
| record_format | Article |
| series | Complexity |
| spelling | doaj-art-9bf3f6eeda0a48d5a13ea0b48763e2772025-02-03T06:05:42ZengWileyComplexity1076-27871099-05262021-01-01202110.1155/2021/88816058881605Supply Chain Investment in Carbon Emission-Reducing Technology Based on Stochasticity and Low-Carbon PreferencesShan Yu0Qiang Hou1School of Management, Shenyang University of Technology, Shenyang 110870, ChinaSchool of Management, Shenyang University of Technology, Shenyang 110870, ChinaDue to excessive greenhouse gas emissions, carbon emission-reducing measures are urgently needed. Important emission-reduction measures mainly include carbon trading and low-carbon cost subsidies. Comprehensive consideration of these two policies is a research hotspot in the field of low-carbon technology investment. Based on this background, this paper considers the impact of consumer low-carbon preferences on market demand and the impact of uncertainty in carbon emission-reduction behaviour. We construct a stochastic differential game model with upstream and downstream enterprises based on cost-sharing coordination under a cost subsidy. From a dynamic perspective, this paper researches the optimal equilibrium strategy and evolution characteristics of the joint emission-reduction mechanism in a supply chain. This paper discusses the sensitivity of the parameters and uses numerical simulation to verify the impact of each parameter on the emission-reduction decision-making activities of stakeholders after introducing the cost subsidy. The results show that a cost subsidy policy can promote carbon emission-reduction investment and supply chain profit. Thus, it is important to strengthen technical cooperation and exchange among enterprises.http://dx.doi.org/10.1155/2021/8881605 |
| spellingShingle | Shan Yu Qiang Hou Supply Chain Investment in Carbon Emission-Reducing Technology Based on Stochasticity and Low-Carbon Preferences Complexity |
| title | Supply Chain Investment in Carbon Emission-Reducing Technology Based on Stochasticity and Low-Carbon Preferences |
| title_full | Supply Chain Investment in Carbon Emission-Reducing Technology Based on Stochasticity and Low-Carbon Preferences |
| title_fullStr | Supply Chain Investment in Carbon Emission-Reducing Technology Based on Stochasticity and Low-Carbon Preferences |
| title_full_unstemmed | Supply Chain Investment in Carbon Emission-Reducing Technology Based on Stochasticity and Low-Carbon Preferences |
| title_short | Supply Chain Investment in Carbon Emission-Reducing Technology Based on Stochasticity and Low-Carbon Preferences |
| title_sort | supply chain investment in carbon emission reducing technology based on stochasticity and low carbon preferences |
| url | http://dx.doi.org/10.1155/2021/8881605 |
| work_keys_str_mv | AT shanyu supplychaininvestmentincarbonemissionreducingtechnologybasedonstochasticityandlowcarbonpreferences AT qianghou supplychaininvestmentincarbonemissionreducingtechnologybasedonstochasticityandlowcarbonpreferences |