Game Theory of Green and Non-green Oriented Productions: Dried Longan Enterprises

Chanita Panmanee (), Roengchai Tansuchat (), Aree Cheamuangphan (), Kasem Kunasri () and Nisachon Leerattanakorn ()
Additional contact information
Chanita Panmanee: Faculty of Economics, Maejo University
Aree Cheamuangphan: Faculty of Economics, Maejo University
Kasem Kunasri: Faculty of Management Sciences, Chiangmai Rajabhat University
Nisachon Leerattanakorn: Faculty of Economics, Maejo University

No 2704735, Proceedings of International Academic Conferences from International Institute of Social and Economic Sciences

Abstract: Dried longan is one of economic product in the northern of Thailand. It does not only solve the excess supply problem of fresh longan, but increase employment opportunities. Currently, the environmental responsibility is the important issue in which both producers and consumers are interested. Dried longan production system, thus, changes from traditional system using extravagant energy to environmentally friendly system using green technology. However, the green products are accepted in some consumer groups. Consequently, this paper explores the best decision making on green or non-green oriented productions of the dried longan enterprises by applying the game theory. The selected samples are two dried longan enterprise clusters in Chiang Mai and Lamphun provinces for playing in this game. The results represent that the green production system is the best choice of producers. It brings about the high economic payoffs but low physical resource usage. However, the information is necessary for the consumers to perceive value of green consumption and increase demand of green products. This findings are obviously useful for the dried longan enterprises in Thailand to make a decision for changing their production from traditional to green orientation.

Keywords: Dried longan enterprise clusters; Green production; Non-green production; Game theory (search for similar items in EconPapers)
JEL-codes: C70 C71 C79 (search for similar items in EconPapers)
Pages: 8 pages
Date: 2015-09
New Economics Papers: this item is included in nep-env, nep-gth and nep-sea
References: View references in EconPapers View complete reference list from CitEc
Citations:

Published in Proceedings of the Proceedings of the 18th International Academic Conference, London, Sep 2015, pages 562-569

Downloads: (external link)
https://iises.net/proceedings/18th-international-a ... =27&iid=096&rid=4735 First version, 2015

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:sek:iacpro:2704735

Access Statistics for this paper

More papers in Proceedings of International Academic Conferences from International Institute of Social and Economic Sciences
Bibliographic data for series maintained by Klara Cermakova ().