Fig. 8: Effect of changes in production subsidy rate on regulatory authorities.

This figure illustrates the impact of varying production subsidy rates on regulatory authorities over time. The plot shows the proportion of compliance (y-axis) versus time (x-axis) under three different subsidy scenarios: γ=0.1 (red circles), γ=0.5 (green diamonds), and γ=0.9 (blue squares). The results highlight how higher subsidy rates lead to quicker and higher compliance rates among regulatory authorities.