Knowledge Agora



Scientific Article details

Title Impact of policy incentives on electric vehicles development: a system dynamics-based evolutionary game theoretical analysis
ID_Doc 14976
Authors Zhou, X; Zhao, R; Cheng, L; Min, XF
Title Impact of policy incentives on electric vehicles development: a system dynamics-based evolutionary game theoretical analysis
Year 2019
Published Clean Technologies And Environmental Policy, 21, 5
DOI 10.1007/s10098-019-01691-3
Abstract A system dynamics-based evolutionary game theoretical analysis is proposed to examine the impact of policy incentives, i.e., price subsidy and taxation preference on electric vehicles (EVs) industry development. Two case scenarios were used to distinguish policy performance by dividing it into a static and dynamic incentive. The result reflected that the game in implementation of the static incentive policy did not achieve stable equilibrium, indicating that such a policy is not effective for driving the development of the EVs industry. However, the game had stable equilibrium when dynamic incentive policy was implemented. The taxation preference had better performance in incentivizing EVs production than the direct subsidy. The study is expected to provide insight into policy making in the industrial transition toward low-carbon consumption. Limitations are given to indicate opportunities for further research. [GRAPHICS]
Author Keywords Evolutionary game theoretical analysis; System dynamics; Electric vehicle industry; Incentive policy
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Science Citation Index Expanded (SCI-EXPANDED); Social Science Citation Index (SSCI)
EID WOS:000471729300009
WoS Category Green & Sustainable Science & Technology; Engineering, Environmental; Environmental Sciences
Research Area Science & Technology - Other Topics; Engineering; Environmental Sciences & Ecology
PDF
Similar atricles
Scroll