The Game Model of Blue Carbon Collaboration along MSR—From the Regret Theory Perspective

Abstract

Ocean pollution and global warming are two pressing environmental problems exacerbated by human economic behavior. Building a blue carbon cooperation platform along the Maritime Silk Road (MSR) to promote sustainable development of countries along the route is of practical value to solving these two problems. Based on the analysis and review of the latest research on blue carbon, cooperative game and MSR, Weber’s law and regret theory are introduced to establish an economic model of blue carbon international cooperation, which proves the economic feasibility of blue carbon cooperation along MSR. The influence of psychological factors on the decision making of blue carbon international cooperation is also discussed. In addition, the measures to promote international cooperation are also discussed according to the current situation of marine blue carbon resources.