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Blue carbon cooperation in the Maritime Silk Road with network game model and simulation

Blue carbon cooperation in the Maritime Silk Road with network game model and simulation
Blue carbon cooperation in the Maritime Silk Road with network game model and simulation

The blue carbon cooperation is a joint effort of the countries along the Maritime Silk Road (MSR) to utilize marine activities and organisms to absorb and store carbon dioxide in the atmosphere, an initiative that has great strategic value for coping with the most important environmental problems in the 21st century and promoting the building of a community with shared aspirations for mankind's future. This research combines the decision-making structure model with the reality of the blue carbon cooperation game of the MSR to make conditional assumptions and carry out model construction. It uses the simulation method to test the influencing factors such as decision-maker type, initial input cost, continuous input maintenance cost, rate of return, carbon tax rate and others. The results suggest that initial and continuous input costs, returns, and neighbor subsidies have positive impacts on blue carbon cooperation, while carbon tax rates and income discount rates have negative impacts on blue carbon cooperation. To promote blue carbon cooperation along the MSR, emphasis should be placed on the design of incentive and subsidy mechanisms, together with the appropriate punishment mechanisms.

Blue carbon, Cooperation network game model, Maritime silk road, Simulation
2071-1050
1-27
Zhao, Changping
604d48a3-ab27-40b3-a86f-ecb648dbfd7b
Xu, Xiaojiang
8075c0d2-08a5-438e-ad8f-7cdc1055731e
Gong, Yu
86c8d37a-744d-46ab-8b43-18447ccaf39c
Fan, Houming
9af8fc84-fd7e-4808-9177-c411b0769249
Chen, Haojia
1e75497d-8a59-40fa-b865-91f75cf45842
Zhao, Changping
604d48a3-ab27-40b3-a86f-ecb648dbfd7b
Xu, Xiaojiang
8075c0d2-08a5-438e-ad8f-7cdc1055731e
Gong, Yu
86c8d37a-744d-46ab-8b43-18447ccaf39c
Fan, Houming
9af8fc84-fd7e-4808-9177-c411b0769249
Chen, Haojia
1e75497d-8a59-40fa-b865-91f75cf45842

Zhao, Changping, Xu, Xiaojiang, Gong, Yu, Fan, Houming and Chen, Haojia (2019) Blue carbon cooperation in the Maritime Silk Road with network game model and simulation. Sustainability, 11 (10), 1-27. (doi:10.3390/su11102748).

Record type: Article

Abstract

The blue carbon cooperation is a joint effort of the countries along the Maritime Silk Road (MSR) to utilize marine activities and organisms to absorb and store carbon dioxide in the atmosphere, an initiative that has great strategic value for coping with the most important environmental problems in the 21st century and promoting the building of a community with shared aspirations for mankind's future. This research combines the decision-making structure model with the reality of the blue carbon cooperation game of the MSR to make conditional assumptions and carry out model construction. It uses the simulation method to test the influencing factors such as decision-maker type, initial input cost, continuous input maintenance cost, rate of return, carbon tax rate and others. The results suggest that initial and continuous input costs, returns, and neighbor subsidies have positive impacts on blue carbon cooperation, while carbon tax rates and income discount rates have negative impacts on blue carbon cooperation. To promote blue carbon cooperation along the MSR, emphasis should be placed on the design of incentive and subsidy mechanisms, together with the appropriate punishment mechanisms.

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sustainability-11-02748 - Version of Record
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More information

Accepted/In Press date: 6 May 2019
Published date: 14 May 2019
Keywords: Blue carbon, Cooperation network game model, Maritime silk road, Simulation

Identifiers

Local EPrints ID: 432028
URI: https://eprints.soton.ac.uk/id/eprint/432028
ISSN: 2071-1050
PURE UUID: 7de39543-03f7-4570-a324-12fffdf48012

Catalogue record

Date deposited: 27 Jun 2019 16:30
Last modified: 19 Jul 2019 16:31

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