Analysis of Multi-Stakeholder Behavioral Strategies in the Construction and Demolition Waste Recycling Industry through an Evolutionary Game Theory
Abstract
:1. Introduction
2. Literature Review
3. Evolutionary Game Modeling
3.1. Model Assumptions
- Assumption 1
- Assumption 2
- Assumption 3
3.2. Model Establishment and Equilibrium Solution
3.3. Analysis of Evolutionarily Stable Strategy (ESS)
- (a)
- if , then is stable; otherwise, it is unstable.
- (b)
- if then is stable; otherwise, it is unstable.
- (c)
- and are all unstable equilibrium points.
4. Numerical Modeling
4.1. Multi-Stage Dynamic Evolution Results
4.2. Sensitivity Analysis Using Different Parameters in Initial Stage
5. Results and Discussion
5.1. Research Findings
5.2. Policy Implications
6. Conclusions and Limitations
Author Contributions
Funding
Data Availability Statement
Conflicts of Interest
Nomenclature
Nomenclature | |||
Enterprises’ positive strategy | Total number of players | ||
Enterprises’ negative strategy | |||
Government’s positive strategy | Multiplying factor | ||
Government’s negative strategy | |||
Weighting of enterprises | |||
Weighting of government | |||
The effort involved in choosing the G and M strategy | |||
Acronyms | |||
C&DW | Construction and demolition waste | ESS | Evolutionarily stable strategy |
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Equilibrium Points | Stability | |||||
---|---|---|---|---|---|---|
Positive number | − | +/− | unstable | |||
0 | 0 (repeated) | − | stable | |||
Negative number | + | − | stable | |||
Positive number | + | − | stable | |||
0 | 0 (repeated) | − | stable | |||
Negative number | - | +/− | unstable | |||
+/− | +/unknown | unstable | ||||
−/+ | −/unknown | unstable | ||||
0 | 0 | unknown | unstable | |||
0 | 0 | unknown | unstable |
Parameter | Value | Parameter | Value |
---|---|---|---|
n | 8 | 0.625 | |
0.3 | 3 | ||
0.2 | 1 | ||
0.8 |
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Wang, Y.; Qi, L.; Cui, W. Analysis of Multi-Stakeholder Behavioral Strategies in the Construction and Demolition Waste Recycling Industry through an Evolutionary Game Theory. Buildings 2024, 14, 1425. https://doi.org/10.3390/buildings14051425
Wang Y, Qi L, Cui W. Analysis of Multi-Stakeholder Behavioral Strategies in the Construction and Demolition Waste Recycling Industry through an Evolutionary Game Theory. Buildings. 2024; 14(5):1425. https://doi.org/10.3390/buildings14051425
Chicago/Turabian StyleWang, Yanyan, Lijun Qi, and Wen**g Cui. 2024. "Analysis of Multi-Stakeholder Behavioral Strategies in the Construction and Demolition Waste Recycling Industry through an Evolutionary Game Theory" Buildings 14, no. 5: 1425. https://doi.org/10.3390/buildings14051425