Research Article

Study on the Optimization of the Synergy between the Regulatory Body, Social Body, and Market Body in the Transportation Industry

Table 4

Symbols of extended game model.

SymbolDescription

AProbability of industry regulators actively optimizing the business environment of transportation
BThe probability of social body implementing supervision
CProbability of efficient implementation of industry supervision by industry regulators
DProbability of credit supervision by society
ATotal revenue of the industry
BThe industry does not form a virtuous circle and suffers the punishment of society (such as public opinion)
CThe loss of industry benefits for not forming a virtuous circle in the industry
DThe industry’s input to actively optimize the business environment
EIndustry actively optimizing business environment is rewarded by society (e.g., positive media publicity)
FNegative impact (punishment, accountability, public opinion) on the industry’s negative optimization of the business environment
GNegative impact on society for not forming a virtuous circle in the industry (social and economic development, implicating related industries)
HThe cost of social implementation of supervision
IThe benefits of social implementation of supervision (industry development)
JCosts saved by society not implementing supervision
KCost of implementing efficient industry regulation by industry regulators
LAdditional benefits for industry regulators to implement efficient industry regulation (superior affirmation, government credibility)
MPenalty from society for implementing inefficient industry regulation by industry regulators (reduced credibility, public opinion)
NCosts to society for implementing credit regulation (N < H)
OSocial implementation of credit regulation benefits
p1Industry regulators actively optimize the business environment, and the market does not form a virtuous cycle probability
p2Industry regulators negatively optimize the business environment, and the market does not form a virtuous cycle probability (p2 > p1)
p3Industry regulators implement efficient regulation, and the market has not formed a virtuous cycle probability
p4The probability that the industry regulator implements inefficient regulation and the market does not form a virtuous circle (p4 > p3)