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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Autores principales: Ling Zhang, Zheng Zhang
Formato: article
Lenguaje:EN
Publicado: Hindawi-Wiley 2021
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Acceso en línea:https://doaj.org/article/9bf16ca5d0d248aa8647f6633bccede2
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spelling 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)
institution DOAJ
collection DOAJ
language EN
topic Electronic computers. Computer science
QA75.5-76.95
spellingShingle 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
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