To achieve sustainable development, waste recycling is regarded as an ideal method to dispose of construction and demolition (C&D) waste. The economy is seen as the priority factor influencing recycling technology adoption. Hence, the subsidy is generally used to cross the economic barrier. To illustrate the recycling technology adoption path under governmental subsidy, this paper constructs a non-cooperative game model to investigate the impact of governmental subsidy on the C&D waste recycling technology adoption. By taking adoption profit, opportunity cost, and initial adoption marginal cost into consideration, the best time to adopt recycling technology and adoption behavior is discussed in detail in four scenarios. Results show that the governmental subsidy has a positive impact on C&D waste recycling technology adoption, and the subsidy could advance the adoption time of recyclers. If the subsidy proportion can reach 70% of the cost, recyclers will adopt recycling technology at the initial time. The results could contribute to a deeper understanding of C&D waste management by promoting the development of C&D waste recycling projects and also provide references to governments.
Keywords: Diffusion; Follower; Incentive policy; Leader; Non-cooperative game model; Recyclers; Sustainable management.
© 2023. The Author(s), under exclusive licence to Springer-Verlag GmbH Germany, part of Springer Nature.