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The impact of penalty and subsidy mechanisms on the decisions of the government, businesses, and consumers during COVID-19 ——Tripartite evolutionary game theory analysis

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  • Zhou, Yuxun
  • Rahman, Mohammad Mafizur
  • Khanam, Rasheda
  • Taylor, Brad R.

Abstract

– Based on the fact that punishment and subsidy mechanisms affect the anti-epidemic incentives of major participants in a society, the issue of this paper is how the penalty and subsidy mechanisms affect the decisions of governments, businesses, and consumers during Corona Virus Disease 2019 (COVID-19).

Suggested Citation

  • Zhou, Yuxun & Rahman, Mohammad Mafizur & Khanam, Rasheda & Taylor, Brad R., 2022. "The impact of penalty and subsidy mechanisms on the decisions of the government, businesses, and consumers during COVID-19 ——Tripartite evolutionary game theory analysis," Operations Research Perspectives, Elsevier, vol. 9(C).
    • Handle: RePEc:eee:oprepe:v:9:y:2022:i:c:s2214716022000264
    DOI: 10.1016/j.orp.2022.100255
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    References listed on IDEAS

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    1. Yao Xiao & Qiao Peng & Wanting Xu, 2021. "Evolutionary Game Analysis of Cross-Regional Coordinated Governance of Major Public Health Emergencies: The Example of the Spread of the COVID-19 Outbreak," Mathematical Problems in Engineering, Hindawi, vol. 2021, pages 1-10, May.
    2. Jinyu Wei & Li Wang & Xin Yang, 2020. "Game analysis on the evolution of COVID-19 epidemic under the prevention and control measures of the government," PLOS ONE, Public Library of Science, vol. 15(10), pages 1-16, October.
    3. Zhiqi Xu & Yukun Cheng & Shuangliang Yao & Sundarapandian Vaidyanathan, 2021. "Tripartite Evolutionary Game Model for Public Health Emergencies," Discrete Dynamics in Nature and Society, Hindawi, vol. 2021, pages 1-14, May.
    4. Hui Yan & Haixiang Wei & Min Wei, 2021. "Exploring Tourism Recovery in the Post-COVID-19 Period: An Evolutionary Game Theory Approach," Sustainability, MDPI, vol. 13(16), pages 1-21, August.
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    Cited by:

    1. Shan, Haiyan & Pi, Wenjie, 2023. "Mitigating panic buying behavior in the epidemic: An evolutionary game perspective," Journal of Retailing and Consumer Services, Elsevier, vol. 73(C).
    2. Hongxia Zhao & Guangming Xu & Lu Liu & Changchun Shi & Huijuan Zhao, 2023. "Low-Carbon Technology Innovation Decision Making of Manufacturing Companies in the Industrial Internet Platform Ecosystem," Sustainability, MDPI, vol. 15(4), pages 1-17, February.
    3. Ma, Xuan & Yu, Deqing & Wang, Ke, 2024. "Unraveling the intricacies of panic buying: An evolutionary game-theoretic exploration of the evolution and intervention," Journal of Retailing and Consumer Services, Elsevier, vol. 79(C).

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