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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Main Authors: Xiangze Shi, Xiao Li, Zijian He, Hui Jiang
Format: Article
Language:English
Published: Wiley 2021-01-01
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
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AT xiaoli dynamicevolutionofthezincnickelbatteryindustryandevidencefromchina
AT zijianhe dynamicevolutionofthezincnickelbatteryindustryandevidencefromchina
AT huijiang dynamicevolutionofthezincnickelbatteryindustryandevidencefromchina