THE STRATEGY OPTIONS OF ENERGY-SAVING AND ENVIRONMENTAL PROTECTION INDUSTRY UNDER INCOMPLETE INFORMATION: A TRIPARTITE GAME ANALYSIS OF GOVERNMENT, ENTERPRISES AND FINANCIAL INSTITUTIONS

Government and financial institutions play important roles in developing well-designed policies to drive energy-saving and environmental protection industrial innovation into product sustainability performance. The research method adopted in this study includes a tripartite game to study the likely strategy options of three stakeholders. We then study the effect of government incentives and regulations and financial institutions policies on the diffusion of enterprises' production strategies. In contrast to the existing research, we use evolutionary game theory to consider the behavior of government, enterprises and financial institutions in terms of the diffusion of different strategies and expound on this issue in combination with replicator dynamic theory to make the conclusions more general, thereby providing insight into the design of sustainability policies that promote energy-saving and environmental protection industrial development.