Evolutionary Game of Investment Strategy About Supply Chain for Quality Improvement of Agricultural Product with Government Subsidies

Xing Liu () and Shengqiang Hu
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Xing Liu: Guangdong University of Finance and Economics, School of Business Administration
Shengqiang Hu: Research Institute of Innovation Competitiveness of Guangdong, Hongkong and Macao Bay Area, Guangdong University of Finance and Economics

A chapter in Proceedings of the 3rd International Conference on Economic Development and Business Culture (ICEDBC 2023), 2024, pp 731-739 from Springer

Abstract: Abstract For the strategy choice of producers and transaction (or distribution) centers is whether to invest for quality improvement of agricultural products, the profits matrix and systematic evolutionary game models were built about the supply chain with or without government subsidies, the relationship between supply chain evolutionary stability strategy (ESS) and factors such as l investment return and investment cost without government subsidies was discussed, the influence of the government subsidy ratio for investment costs on the evolution process and results about strategies of the supply chain is analyzed, and the relevant conclusions were verified through simulation analysis. Finally, from the perspectives of producers, trading (or distribution) centers and the government, the optimization measures to improve the quality of agricultural products and the government supervision and subsidies mechanisms were proposed.

Keywords: Government subsidies; Agricultural product supply chain; Investment strategy for quality improvement; Evolutionary game (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-246-0_88

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DOI: 10.2991/978-94-6463-246-0_88

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