“…Since then, many scholars have been attracted to this field. Much research has been done on macro areas, such as the comparison of different policies (e.g., carbon cap, carbon cap and offset, carbon cap and trade, and carbon taxes) (Hahn, 1984;Zhang and Xu, 2013;Konur and Schaefer, 2014;Xu et al, 2020;Chen et al, 2021;Rustico and Dimitrov, 2022), initial allocation of quotas (Hahn, 1984;Elzen et al, 2005;Subramanian et al, 2007;Böhringer et al, 2008;Ye and Linghu, 2015;Yu et al, 2021), the setting of carbon prices (Zhang and Xu, 2013;Chen et al, 2021) and so on. Other research has focused on micro-fields, such as corporate production decision-making (Huang et al, 2013;Zhang and Xu, 2013;Lee and Park, 2020;Qin et al, 2021), technology choice and investment (Huang et al, 2013;Aflaki and Netessine, 2017;Chen et al, 2021;Qin et al, 2021), consumer preferences and their impact on corporate technology choices (Du et al, 2016;Xu et al, 2020;Mei et al, 2021), and so on.…”