Developing the Recycle Economy - A Strategic Choice of Sustainable Development

Abstract:

As we enter the 21st Century, various countries in the world are faced with many challenges, such as overpopulation, shortage of resources and environmental deterioration. Developing recycle economy is one of the important ways to realize sustainable development. The purpose of recycle economy is to insure circulation utilization of resources and positive conversion of ecosystem on the premise of keeping economic development. Its mechanism should be "Government instructs, Enterprise acts, Society participates, Markets operate". Enterprise is the subject of economy, so the development of recycle economy must be put into effect in enterprises. In this paper, how to advance enterprise to develop recycle economy by carrying out environmentally friendly manufacturing methods and the relationship between government and enterprise in Game Theory are discussed. The thesis also provides some suggestions for government to promote the development of recycle economy.

• Periodical: Advanced Materials Research (Volumes 524-527)
• Pages: 3361-3364
• DOI: https://doi.org/10.4028/www.scientific.net/AMR.524-527.3361
• Online since: May 2012
• Authors: Jia Yi Huang, Yi Hui Huang
• Keywords: Enterprise, Game Theory, Government, Recycle Economy

References

[1] Jisong Wu, New Recycle Economics, Tsinghua University Press, 2005, p.90 (in Chinese).

[2] Colin F. Camerer, Behavioral game theory, Princeton University Press, 2003, p.1.

[3] Weiying Zhang, Game Theory and Information Economics, People's Publishing Company of Shanghai, 2004, pp.65-66 (in Chinese).

[4] Bin Guo, Research on Evaluation and Incentive Mechanism of Cycling Economy, Doctoral, Tianjin University, 2005, pp.82-85 (in Chinese).