Complexity Analysis of a 3-Player Game with Bounded Rationality Participating in Nitrogen Emission Reduction
Joint Authors
Source
Issue
Vol. 2020, Issue 2020 (31 Dec. 2020), pp.1-16, 16 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2020-04-27
Country of Publication
Egypt
No. of Pages
16
Main Subjects
Abstract EN
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.
American Psychological Association (APA)
Zhang, Jixiang& Xi, Xuan. 2020. Complexity Analysis of a 3-Player Game with Bounded Rationality Participating in Nitrogen Emission Reduction. Complexity،Vol. 2020, no. 2020, pp.1-16.
https://search.emarefa.net/detail/BIM-1139998
Modern Language Association (MLA)
Zhang, Jixiang& Xi, Xuan. Complexity Analysis of a 3-Player Game with Bounded Rationality Participating in Nitrogen Emission Reduction. Complexity No. 2020 (2020), pp.1-16.
https://search.emarefa.net/detail/BIM-1139998
American Medical Association (AMA)
Zhang, Jixiang& Xi, Xuan. Complexity Analysis of a 3-Player Game with Bounded Rationality Participating in Nitrogen Emission Reduction. Complexity. 2020. Vol. 2020, no. 2020, pp.1-16.
https://search.emarefa.net/detail/BIM-1139998
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-1139998