Evolutionary Game Analysis on the Cooperative Mechanism of Government Subsidies and Market-Based Risk Mitigation Institutions in Managing Ecosustainable Projects’ Default Risks

Abstract

AbstractEcosustainable projects (ESPs) face challenges in risk management due to the limitations of single risk control strategies, difficulties in regulatory enforcement, and insufficient market-driven mechanisms, making it hard to effectively reduce ...Practical ApplicationsIn ESPs’revenue risk mitigation, both the government and third-party institutions play crucial roles. The government ensures institutional stability through policy support, whereas institutions leverage market efficiency to enhance ...