Evolutionary Game and Simulation Analysis of Food Safety Regulation under Time Delay Effect

Tianjun Su, Linhai Wu and Jingxiang Zhang ()
Additional contact information
Tianjun Su: School of Science, Jiangnan University, Wuxi 214122, China
Linhai Wu: School of Business, Institute for Food Safety Risk Management, Jiangnan University, Wuxi 214122, China
Jingxiang Zhang: School of Science, Jiangnan University, Wuxi 214122, China

Mathematics, 2024, vol. 12, issue 8, 1-23

Abstract: This study develops a tripartite evolutionary game dynamic model with a time delay effect to analyze the interactions among food enterprise, government regulatory, and food inspection agencies in managing food safety risks. This model enables government regulatory agencies to more accurately assess and predict food safety risks, thereby implementing more effective preventative measures, ensuring the maximization of policy effectiveness and reducing food safety incidents. The results emphasize the significance of recent company performance by showing that regulatory and inspection entities’ strategic decisions are significantly impacted by delay effects from food companies. This study also shows that negative self-feedback intensity drives food enterprises to develop safer products and encourages tighter government oversight. Recommendations include improving consumer reporting channels, changing government incentives and penalties, allocating resources efficiently, and advancing information technology to decrease the effects of time delays and improve food safety management. Governments can improve food safety regulation by using strategic insights from numerical simulations.

Keywords: time-delay; evolutionary game model; food safety; government regulation (search for similar items in EconPapers)
JEL-codes: C (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.mdpi.com/2227-7390/12/8/1181/pdf (application/pdf)
https://www.mdpi.com/2227-7390/12/8/1181/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jmathe:v:12:y:2024:i:8:p:1181-:d:1375916

Access Statistics for this article

Mathematics is currently edited by Ms. Emma He

More articles in Mathematics from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().