Low-carbon technology investment strategies with blockchain under subsidy policies
A unique equilibrium solution exists for the government’s implementation of either the TSP or OSP, depending on whether the manufacturer applies BT. Based on the equilibrium results, we conduct the following analysis: (1) the effects of the CER cost coefficient, LC preference coefficient, and green trust degree on the equilibrium results; (2) a comparative analysis of two SPs in the scenarios where the manufacturer applies or does not apply BT, and a comparative analysis of two SPs when the manufacturer applies BT.
We denote \(M=\left\{A,B\right\}\), and \(N=\left\{A,B,C,D\right\}\). The specific conclusions are summarised below with the proofs provided in the Appendix.
Sensitivity analysis
This section examines the impact of the LCT…
