Abstract

In recent years, China’s chemical industry has incurred frequent safety accidents which seriously impact the social environment and public safety. Traditional approaches have reached a bottleneck due to a lack of relevant professionals in the government regulation of chemical enterprise safety production. Thus, a new safety regulation mechanism should be conducted. In this paper, we constructed an evolutionary game model of chemical industry safety regulation based on limited rationality, and the influence of main parameters on the equilibrium evolution process is studied by system dynamics simulation. The results show that government regulation authorities play a leading role in the process of chemical industry safety regulation and increasing punishment will help to achieve an evolutionary stable strategy (ESS). What is more, the feasibility and effectiveness of the third-party regulation service mechanism are verified, and the market access threshold of third-party regulation service needs to be improved to stop the occurrence of rent-seeking activities in the regulatory process. In summary, the introduction of third-party regulation service entities to the chemical industry safety regulation process has far-reaching implications for promoting the healthy development of China’s chemical industry.

Highlights

  • Since the reform and opening up, China’s chemical industry has achieved great progress.The industrial layout and supporting facilities are continuously improving, and integrated competitive advantages are frequently emerging, occupying an increasingly important position in the global chemical industry

  • The first function represents the government’s payoff, the second represents the payoff of the chemical enterprise, and the third represents the payoff of a third-party regulation service

  • The expected payoffs of these two kinds of chemical enterprises are symbolized as U y and U1−y, respectively, and the overall expected payoff is denoted by U y

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Summary

Introduction

Since the reform and opening up, China’s chemical industry has achieved great progress. Safety risks are prone to cause major safety incidents leading to serious cumbersome, as is the strictness of equipment operating conditions. There have been flammable, explosive, poisonous and radioactive, and there are large-scale production processes in the strictnessaccidents of equipment operating. Most chemical products are flammable, explosive, frequent chemical in China [5].conditions. Safety risks are prone to cause on major safety 2019, incidents leading tohappened serious in poisonous and radioactive, and there are large-scale production processes in chemical enterprises. Safety risks are prone to cause major safety incidents leading to serious casualties, property damage. The frequent summary of major accidents in China’s chemical industry during and 2019 ishappened shown in Table chemical accidents in China [5].recent.

21 MarchChemical
Literature Review
Research Methods
Basic Assumptions
Model Construction
Model Analysis
Conclusion
Influence
System Dynamics Simulation Analysis
System Dynamics Evolutionary Game Model
The Analysis of The Evolutionary Process
Analysis of the Influence of Exogenous Variables
Findings
Conclusions

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