Research on the Dynamic Game in Consumer Choice Between Fuel and Electric Vehicles

Junhao Wu

2025

Abstract

This study uses a coordinated game model to analyze consumer behavior in the transition between fuel and electric vehicles (EVs), emphasizing the synergistic role of government policy incentives, regional infrastructure equity, and collective social norms in shaping market equilibrium. A comparative case study of Norwegian EV dominance and Chinese subsidy-driven volatility shows that fragmented policies (e.g., sudden subsidy cuts or uneven infrastructure investment) cannot break the tram sector’s dependence, while an integrated strategy achieves a stable Nash equilibrium. Key findings highlight the environmental and economic benefits of electric vehicles, including a 50% lifecycle reduction and long-term cost savings, but also highlight ongoing challenges: the urban-rural tram infrastructure rate gap (12% coverage), the unpredictability of post-subsidy market volatility (sales fell by 40% after subsidy cuts), and socio-geocultural resistance (e.g., fossil fuel dependence in Texas). To address these issues, the study proposes a multidimensional framework approach: phased subsidy cuts linked to market penetration thresholds centered on government decision-making, decentralized solar charging networks for rural areas centered on infrastructure, and behavior-based campaigns using social media and education based on popular social preferences. Theoretically, this paper integrates Debreu’s dynamic equilibrium (analyzing subsidy phase-out thresholds) with Buchanan’s coordination paradigm (for infrastructure-public preference alignment), providing a dual lens to optimize policy timing and stakeholder incentives.

Paper Citation

in Harvard Style

Wu J. (2025). Research on the Dynamic Game in Consumer Choice Between Fuel and Electric Vehicles. In Proceedings of the 2nd International Conference on Innovations in Applied Mathematics, Physics, and Astronomy - Volume 1: IAMPA; ISBN 978-989-758-774-0, SciTePress, pages 83-89. DOI: 10.5220/0013814400004708

in Bibtex Style

@conference{iampa25,
author={Junhao Wu},
title={Research on the Dynamic Game in Consumer Choice Between Fuel and Electric Vehicles},
booktitle={Proceedings of the 2nd International Conference on Innovations in Applied Mathematics, Physics, and Astronomy - Volume 1: IAMPA},
year={2025},
pages={83-89},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0013814400004708},
isbn={978-989-758-774-0},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 2nd International Conference on Innovations in Applied Mathematics, Physics, and Astronomy - Volume 1: IAMPA
TI - Research on the Dynamic Game in Consumer Choice Between Fuel and Electric Vehicles
SN - 978-989-758-774-0
AU - Wu J.
PY - 2025
SP - 83
EP - 89
DO - 10.5220/0013814400004708
PB - SciTePress