Research on Dynamic and Complexity of Duopoly Price Strategies between Low-Carbon and Nonlow-Carbon Products under Cap-and-Trade Policies
This paper studies the complexity of the pricing system for the production of low-carbon and nonlow-carbon products in a market composed of duopoly manufacturers under the cap-and-trade policies. Through nonlinear system theory and numerical derivation and simulation, it considers the influence of d...
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2021
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oai:doaj.org-article:9bf16ca5d0d248aa8647f6633bccede22021-11-29T00:55:49ZResearch on Dynamic and Complexity of Duopoly Price Strategies between Low-Carbon and Nonlow-Carbon Products under Cap-and-Trade Policies1099-052610.1155/2021/4898758https://doaj.org/article/9bf16ca5d0d248aa8647f6633bccede22021-01-01T00:00:00Zhttp://dx.doi.org/10.1155/2021/4898758https://doaj.org/toc/1099-0526This paper studies the complexity of the pricing system for the production of low-carbon and nonlow-carbon products in a market composed of duopoly manufacturers under the cap-and-trade policies. Through nonlinear system theory and numerical derivation and simulation, it considers the influence of different market power structures, carbon trading prices, consumer environmental awareness, and other factors on price decisions, carbon emission decisions, profits, and system stability. The influence of price adjustment parameters and unit product carbon emission decision adjustment parameters on the complexity of the pricing system under different market power structures is analyzed. And, it was found that compared with the variable feedback chaos control method, the parameter adjustment chaos control method is more effective in controlling the pricing system in this paper. Our research provides management implications for market competition and operational decision-making for low-carbon and nonlow-carbon products.Ling ZhangZheng ZhangHindawi-WileyarticleElectronic computers. Computer scienceQA75.5-76.95ENComplexity, Vol 2021 (2021) |
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Electronic computers. Computer science QA75.5-76.95 |
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Electronic computers. Computer science QA75.5-76.95 Ling Zhang Zheng Zhang Research on Dynamic and Complexity of Duopoly Price Strategies between Low-Carbon and Nonlow-Carbon Products under Cap-and-Trade Policies |
description |
This paper studies the complexity of the pricing system for the production of low-carbon and nonlow-carbon products in a market composed of duopoly manufacturers under the cap-and-trade policies. Through nonlinear system theory and numerical derivation and simulation, it considers the influence of different market power structures, carbon trading prices, consumer environmental awareness, and other factors on price decisions, carbon emission decisions, profits, and system stability. The influence of price adjustment parameters and unit product carbon emission decision adjustment parameters on the complexity of the pricing system under different market power structures is analyzed. And, it was found that compared with the variable feedback chaos control method, the parameter adjustment chaos control method is more effective in controlling the pricing system in this paper. Our research provides management implications for market competition and operational decision-making for low-carbon and nonlow-carbon products. |
format |
article |
author |
Ling Zhang Zheng Zhang |
author_facet |
Ling Zhang Zheng Zhang |
author_sort |
Ling Zhang |
title |
Research on Dynamic and Complexity of Duopoly Price Strategies between Low-Carbon and Nonlow-Carbon Products under Cap-and-Trade Policies |
title_short |
Research on Dynamic and Complexity of Duopoly Price Strategies between Low-Carbon and Nonlow-Carbon Products under Cap-and-Trade Policies |
title_full |
Research on Dynamic and Complexity of Duopoly Price Strategies between Low-Carbon and Nonlow-Carbon Products under Cap-and-Trade Policies |
title_fullStr |
Research on Dynamic and Complexity of Duopoly Price Strategies between Low-Carbon and Nonlow-Carbon Products under Cap-and-Trade Policies |
title_full_unstemmed |
Research on Dynamic and Complexity of Duopoly Price Strategies between Low-Carbon and Nonlow-Carbon Products under Cap-and-Trade Policies |
title_sort |
research on dynamic and complexity of duopoly price strategies between low-carbon and nonlow-carbon products under cap-and-trade policies |
publisher |
Hindawi-Wiley |
publishDate |
2021 |
url |
https://doaj.org/article/9bf16ca5d0d248aa8647f6633bccede2 |
work_keys_str_mv |
AT lingzhang researchondynamicandcomplexityofduopolypricestrategiesbetweenlowcarbonandnonlowcarbonproductsundercapandtradepolicies AT zhengzhang researchondynamicandcomplexityofduopolypricestrategiesbetweenlowcarbonandnonlowcarbonproductsundercapandtradepolicies |
_version_ |
1718407786315907072 |