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Auteurs principaux: Li, Mingyang, Yuan, Maoqin, Pengsihua, Han, Yuan, Yuan, Wang, Zejun
Format: Preprint
Publié: 2024
Sujets:
Accès en ligne:https://arxiv.org/abs/2408.01017
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author Li, Mingyang
Yuan, Maoqin
Pengsihua, Han
Yuan, Yuan
Wang, Zejun
author_facet Li, Mingyang
Yuan, Maoqin
Pengsihua, Han
Yuan, Yuan
Wang, Zejun
contents This study investigates the potential impact of "LK-99," a novel material developed by a Korean research team, on the power equipment industry. Using evolutionary game theory, the interactions between governmental subsidies and technology adoption by power companies are modeled. A key innovation of this research is the introduction of sensitivity analyses concerning time delays and initial subsidy amounts, which significantly influence the strategic decisions of both government and corporate entities. The findings indicate that these factors are critical in determining the rate of technology adoption and the efficiency of the market as a whole. Due to existing data limitations, the study offers a broad overview of likely trends and recommends the inclusion of real-world data for more precise modeling once the material demonstrates room-temperature superconducting characteristics. The research contributes foundational insights valuable for future policy design and has significant implications for advancing the understanding of technology adoption and market dynamics.
format Preprint
id arxiv_https___arxiv_org_abs_2408_01017
institution arXiv
publishDate 2024
record_format arxiv
spellingShingle Application of Superconducting Technology in the Electricity Industry: A Game-Theoretic Analysis of Government Subsidy Policies and Power Company Equipment Upgrade Decisions
Li, Mingyang
Yuan, Maoqin
Pengsihua, Han
Yuan, Yuan
Wang, Zejun
Dynamical Systems
Econometrics
Applications
This study investigates the potential impact of "LK-99," a novel material developed by a Korean research team, on the power equipment industry. Using evolutionary game theory, the interactions between governmental subsidies and technology adoption by power companies are modeled. A key innovation of this research is the introduction of sensitivity analyses concerning time delays and initial subsidy amounts, which significantly influence the strategic decisions of both government and corporate entities. The findings indicate that these factors are critical in determining the rate of technology adoption and the efficiency of the market as a whole. Due to existing data limitations, the study offers a broad overview of likely trends and recommends the inclusion of real-world data for more precise modeling once the material demonstrates room-temperature superconducting characteristics. The research contributes foundational insights valuable for future policy design and has significant implications for advancing the understanding of technology adoption and market dynamics.
title Application of Superconducting Technology in the Electricity Industry: A Game-Theoretic Analysis of Government Subsidy Policies and Power Company Equipment Upgrade Decisions
topic Dynamical Systems
Econometrics
Applications
url https://arxiv.org/abs/2408.01017