IDEAS home Printed from https://ideas.repec.org/a/hin/complx/2069614.html
   My bibliography  Save this article

Complexity Analysis of a 3-Player Game with Bounded Rationality Participating in Nitrogen Emission Reduction

Author

Listed:
  • Jixiang Zhang
  • Xuan Xi

Abstract

In this paper, a decision-making competition game model concerning governments, agricultural enterprises, and the public, all of which participate in the reduction of nitrogen emissions in the watersheds, is established based on bounded rationality. First, the stability conditions of the equilibrium points in the system are discussed, and the stable region of the Nash equilibrium is determined. Then, the bifurcation diagram, maximal Lyapunov exponent, strange attractor, and sensitive dependence on the initial conditions are shown through numerical simulations. The research shows that the adjustment speed of three players’ decisions may alter the stability of the Nash equilibrium point and lead to chaos in the system. Among these decisions, a government’s decision has the largest effect on the system. In addition, we find that some parameters will affect the stability of the system; when the parameters become beneficial for enterprises to reduce nitrogen emissions, the increase in the parameters can help control the chaotic market. Finally, the delay feedback control method is used to successfully control the chaos in the system and stabilize it at the Nash equilibrium point. The research of this paper is of great significance to the environmental governance decisions and nitrogen reduction management.

Suggested Citation

  • Jixiang Zhang & Xuan Xi, 2020. "Complexity Analysis of a 3-Player Game with Bounded Rationality Participating in Nitrogen Emission Reduction," Complexity, Hindawi, vol. 2020, pages 1-16, April.
  • Handle: RePEc:hin:complx:2069614
    DOI: 10.1155/2020/2069614
    as

    Download full text from publisher

    File URL: http://downloads.hindawi.com/journals/8503/2020/2069614.pdf
    Download Restriction: no

    File URL: http://downloads.hindawi.com/journals/8503/2020/2069614.xml
    Download Restriction: no

    File URL: https://libkey.io/10.1155/2020/2069614?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hin:complx:2069614. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Mohamed Abdelhakeem (email available below). General contact details of provider: https://www.hindawi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.