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Relationship of the Interests between the Dairy Farmer and the Company in Ecological Agriculture -A Case of the Dairy Industry in Sichuan Province, China AgEcon
Chen, Jia-Wei; Qi, Yan-bin.
Development status of dairy industry in Sichuan Province, China is analyzed, indicating that how to ensure the high-quality and ecological production of peasant households has become an important issue for the safety and healthy of the masses and the development of dairy industry. Game model is established and the solution for the model is obtained. Based on analyzing the relationship of the interests between the dairy farmer and the company in ecological agriculture, two mixed strategies of Nash equilibrium are obtained. One is that when the probability is equal to , there are no differences between purchasing or not purchasing; if the probability of company purchase is equal to , there are no differences between producing high-quality milk and...
Tipo: Journal Article Palavras-chave: Game theory; Equilibrium; High quality milking; Moral risk; China; Agribusiness.
Ano: 2010 URL: http://purl.umn.edu/97625
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