Study on the Optimization of the Synergy between the Regulatory Body, Social Body, and Market Body in the Transportation Industry
Table 3
Extraction of Bayesian Nash equilibrium points and description.
Condition
Balancing point
Description
Types of balance
q > C2
{SA, PP}
When regulation is efficient, the regulator chooses regulatory means dominant and the operating entity chooses active response to regulation When the regulation is inefficient, the regulator chooses licensing means dominant}, and the business subject chooses {active response to regulation}
Separate equilibrium
C2 – R < q < C2
{SS, PN} {SA, PN}
When regulation is efficient, the regulator chooses {regulatory instruments dominate} and the operating entity chooses {active response to regulation} When the regulation is inefficient, the regulator chooses which strategy, the operating entity chooses to respond negatively
Mixing and balancing
0 < q < C2 – R
{SS, NN} {SA, NN} {AA, NN} {As, NN}
Regardless of whether the regulation is efficient, or regulators choose to regulate after the fact or may means to dominate, enterprises always choose to respond passively
