| Title | The coordination of collective and individual solutions in risk-resistant scenarios |
| Author | |
| Corresponding Author | Sun, Xiao |
| Publication Years | 2023-02-01
|
| DOI | |
| Source Title | |
| ISSN | 1434-6028
|
| EISSN | 1434-6036
|
| Volume | 96Issue:2 |
| Abstract | Human societies are constantly coping with global risks. In the face of these risks, people typically have two options, that is, to respond together as a whole (collective solution) or to respond independently (individual solution). Based on these two solutions, individuals have a variety of behavioral strategies. On the other hand, various regulatory bodies supported by the population limit people's choices and punish individuals who do not contribute to collective solutions. So with different risks, how do the two solutions, the various individual strategies, and the constraints from regulators affect the group's response to risk? This paper proposes an extended public goods game model involving opportunists and the regulator to explore the effectiveness of collective and individual solutions against risks. The results show that requiring individuals to invest more in the collective solution reduces the group' s success in resisting risk. To improve the group's ability to resist risk, investment in individual solution should be at least no less than that in collective solution. The establishment fund and punishment intensity of the regulatory agency have no significant effect on the success of collective and individual solutions. This inspires us to contemplate the role and measures of various types of authorities in coping with global risks. Graphic Abstract |
| URL | [Source Record] |
| Indexed By | |
| Language | English
|
| SUSTech Authorship | Others
|
| Funding Project | National Key R &D Program of China[2021YFF0900800]
|
| WOS Research Area | Physics
|
| WOS Subject | Physics, Condensed Matter
|
| WOS Accession No | WOS:000938090500001
|
| Publisher | |
| ESI Research Field | PHYSICS
|
| Data Source | Web of Science
|
| Citation statistics |
Cited Times [WOS]:0
|
| Document Type | Journal Article |
| Identifier | http://kc.sustech.edu.cn/handle/2SGJ60CL/502125 |
| Department | Department of Mechanical and Energy Engineering |
| Affiliation | 1.Tsinghua Univ, Dept Automat, Beijing 100084, Peoples R China 2.Southern Univ Sci & Technol, Dept Mech & Energy Engn, Shenzhen 518055, Peoples R China |
| Recommended Citation GB/T 7714 |
Qian, Jun,Zhang, Tongda,Sun, Xiao,et al. The coordination of collective and individual solutions in risk-resistant scenarios[J]. EUROPEAN PHYSICAL JOURNAL B,2023,96(2).
|
| APA |
Qian, Jun,Zhang, Tongda,Sun, Xiao,&Chai, Yueting.(2023).The coordination of collective and individual solutions in risk-resistant scenarios.EUROPEAN PHYSICAL JOURNAL B,96(2).
|
| MLA |
Qian, Jun,et al."The coordination of collective and individual solutions in risk-resistant scenarios".EUROPEAN PHYSICAL JOURNAL B 96.2(2023).
|
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