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Application of Superconducting Technology in the Electricity Industry: A Game-Theoretic Analysis of Government Subsidy Policies and Power Company Equipment Upgrade Decisions

Mingyang Li, Maoqin Yuan, Han Pengsihua, Yuan Yuan, Zejun Wang

arXiv 2 Aug 2024 · math.DS

arXiv:2408.01017 · PDF · DOI · OpenAlex · Extracted main text

Abstract

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.

Citation extraction

34
references
37
in-text mentions
34
distinct cited
0
self-citations
4,995
main-text words

appendix boundary found by appendix_titled_section at “Appendix” · 85% of the source is main text. Read the extracted text to check this.

Most heavily cited references

The works this paper leans on most, across its whole bibliography — not restricted to papers in our corpus. Ranked by composite intensity, which combines how often a work is mentioned, how many sections mention it, and how much of that falls in the main text rather than the appendix.

ReferenceIntensityMentionsSectionsMain text
25unmatched citation key 250.51121100%
2Smith J, Price G. The logic of animal conflict. Nature (1973) ;246:15-180.51121100%
3Zhang Z. The event and skepticism for the electrical conductor LK-99… (2023) ;1000590.51121100%
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5Sadovskaia K, Bogdanov D, Honkapuro S, Breyer C. Power transmission… (2019) ;107:98-1090.40511100%
6Tsukamoto O. Overview of superconductivity in Japan – Strategy road… (2008) ;468:1101-11110.40511100%
7Adami C, Schossau J, Hintze A. Evolutionary game theory using agent-… (2016) ;19:1-260.40511100%
8Wang J, Qin Y, Zhou J. Incentive policies for prefabrication impleme… (2021) ;156:1124340.40511100%
9Adami C, Schossau J, Hintze A. Evolutionary game theory using agent-… (2016) ;19:10.40511100%
10Castronova E. Game Theory Evolving: A Problem-Centered Introduction… (2000) Reviewed by Edward Castronova0.40511100%

Showing the top 10 of 34 scored citations. 1 of these could not be matched to a bibliography entry, so only the citation key is shown.