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Modeling the Role of Government, Firm, and Civil Society for Environmental Sustainability

Author

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  • Humaira Yasmeen

    (Nanjing University of Aeronautics and Astronautics, Nanjing, China)

  • Ying Wang

    (Nanjing University of Aeronautics and Astronautics, Nanjing, China)

  • Hashim Zameer

    (Nanjing University of Aeronautics and Astronautics, Nanjing, China)

  • Hina Ismail

    (NUML Multan Campus, Multan, Pakistan)

Abstract

The objective of this article is to design a game theory-based model to outline the role of the government, firm and civil society for environmental sustainability. The study used the dynamic game theory of complete information. Based upon the equilibrium analysis, the study highlights that when the punishment for non-compliance with environmental responsibility is smaller, the role of civil society would be higher for environmental sustainability. On the other hand, when the environmental responsibility cost is higher, then the role of a government is also higher for the implementation of environmental responsibility and to ensure the punishment. However, the authors found from model analysis that if the cost is low, the probability of firm to fulfill environmental responsibility is higher. In real life, the high cost of environmental responsibility is the main reason that the firm does not fulfill environmental responsibility. Under the high cost, the firm often has the phenomenon of bribery to the government and other means to avoid environmental responsibility. This article is a valuable policy guide for policy makers to cope with global environmental challenges.

Suggested Citation

  • Humaira Yasmeen & Ying Wang & Hashim Zameer & Hina Ismail, 2019. "Modeling the Role of Government, Firm, and Civil Society for Environmental Sustainability," International Journal of Agricultural and Environmental Information Systems (IJAEIS), IGI Global, vol. 10(2), pages 82-97, April.
    • Handle: RePEc:igg:jaeis0:v:10:y:2019:i:2:p:82-97
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    Cited by:

    1. Wang, Ying & Chen, Xiangyuan, 2020. "Natural resource endowment and ecological efficiency in China: Revisiting resource curse in the context of ecological efficiency," Resources Policy, Elsevier, vol. 66(C).
    2. Zameer, Hashim & Yasmeen, Humaira & Wang, Rong & Tao, Jing & Malik, Muhammad Nasir, 2020. "An empirical investigation of the coordinated development of natural resources, financial development and ecological efficiency in China," Resources Policy, Elsevier, vol. 65(C).
    3. Qiang, Qiu & Jian, Chen, 2020. "Natural resource endowment, institutional quality and China's regional economic growth," Resources Policy, Elsevier, vol. 66(C).
    4. Lavinia-Mihaela BECEA & Anca BORZA, 2021. "Green Intellectual Capital €“ A Comprehensive Review And Opportunities For Future Research," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 15(1), pages 830-843, November.

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