Dynamic Evolution of the Zinc-Nickel Battery Industry and Evidence from China
This paper analyzes the development prospects of zinc-nickel battery industry, further investigates the industry competition in existing markets by mathematical modeling, calculates the equilibrium price and profit of the oligarch competition by using the method of Stackelberg equilibrium and Nash e...
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Format: | Article |
Language: | English |
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Wiley
2021-01-01
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Series: | Discrete Dynamics in Nature and Society |
Online Access: | http://dx.doi.org/10.1155/2021/1992845 |
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author | Xiangze Shi Xiao Li Zijian He Hui Jiang |
author_facet | Xiangze Shi Xiao Li Zijian He Hui Jiang |
author_sort | Xiangze Shi |
collection | DOAJ |
description | This paper analyzes the development prospects of zinc-nickel battery industry, further investigates the industry competition in existing markets by mathematical modeling, calculates the equilibrium price and profit of the oligarch competition by using the method of Stackelberg equilibrium and Nash equilibrium, and makes a comparison between them. Then, we study and model the case of renting and selling simultaneously. In addition, we also study the impact of futures prices on the zinc-nickel battery companies and carry out numerical simulation. At the end of this paper, we analyze the location of zinc-nickel battery enterprises and the industry development under the COVID-19 pandemic. The finding show that the reduction of raw material cost is of great help to the development of the zinc-nickel battery industry. |
format | Article |
id | doaj-art-dbeb499ce3644c76b2a8046f0a3ab597 |
institution | Kabale University |
issn | 1026-0226 1607-887X |
language | English |
publishDate | 2021-01-01 |
publisher | Wiley |
record_format | Article |
series | Discrete Dynamics in Nature and Society |
spelling | doaj-art-dbeb499ce3644c76b2a8046f0a3ab5972025-02-03T05:45:21ZengWileyDiscrete Dynamics in Nature and Society1026-02261607-887X2021-01-01202110.1155/2021/19928451992845Dynamic Evolution of the Zinc-Nickel Battery Industry and Evidence from ChinaXiangze Shi0Xiao Li1Zijian He2Hui Jiang3Grand Canyon University, Phoenix, AZ 85017, USAZhejiang University of Water Resources and Electric Power, Zhejiang, Hangzhou 310018, ChinaCollege of Management and Economics, Tianjin University, Tianjin 300072, ChinaCollege of Management and Economics, Tianjin University, Tianjin 300072, ChinaThis paper analyzes the development prospects of zinc-nickel battery industry, further investigates the industry competition in existing markets by mathematical modeling, calculates the equilibrium price and profit of the oligarch competition by using the method of Stackelberg equilibrium and Nash equilibrium, and makes a comparison between them. Then, we study and model the case of renting and selling simultaneously. In addition, we also study the impact of futures prices on the zinc-nickel battery companies and carry out numerical simulation. At the end of this paper, we analyze the location of zinc-nickel battery enterprises and the industry development under the COVID-19 pandemic. The finding show that the reduction of raw material cost is of great help to the development of the zinc-nickel battery industry.http://dx.doi.org/10.1155/2021/1992845 |
spellingShingle | Xiangze Shi Xiao Li Zijian He Hui Jiang Dynamic Evolution of the Zinc-Nickel Battery Industry and Evidence from China Discrete Dynamics in Nature and Society |
title | Dynamic Evolution of the Zinc-Nickel Battery Industry and Evidence from China |
title_full | Dynamic Evolution of the Zinc-Nickel Battery Industry and Evidence from China |
title_fullStr | Dynamic Evolution of the Zinc-Nickel Battery Industry and Evidence from China |
title_full_unstemmed | Dynamic Evolution of the Zinc-Nickel Battery Industry and Evidence from China |
title_short | Dynamic Evolution of the Zinc-Nickel Battery Industry and Evidence from China |
title_sort | dynamic evolution of the zinc nickel battery industry and evidence from china |
url | http://dx.doi.org/10.1155/2021/1992845 |
work_keys_str_mv | AT xiangzeshi dynamicevolutionofthezincnickelbatteryindustryandevidencefromchina AT xiaoli dynamicevolutionofthezincnickelbatteryindustryandevidencefromchina AT zijianhe dynamicevolutionofthezincnickelbatteryindustryandevidencefromchina AT huijiang dynamicevolutionofthezincnickelbatteryindustryandevidencefromchina |