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Article http://dx.doi.org/10.26855/ijfsa.2024.09.002

Research on the Development of the Golden Acacia Supply Chain Based on a Three-party Evolutionary Game—Taking the “Gold of Sophora” Quanzhou, Guilin as an Example

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Xinyong Lu1,*, Tinghong Guo1, Runqi Chen1, Ning Zhang1, Siyang Liang2

1College of Economy and Trade, Zhongkai University of Agriculture and Engineering, Guangzhou 510408, Guangdong, China.

2College of Resources and Environment, Zhongkai University of Agriculture and Engineering, Guangzhou 510408, Guangdong, China.

*Corresponding author: Xinyong Lu

Published: September 3,2024

Abstract

In this paper, we selected the acacia production area of Quanzhou, Guilin, China, known as the "gold of acacia", as our research site. We analyzed the behavioral decision-making of the best interests among the three parties by constructing a three-party evolutionary game model of acacia growers, buyers, and sellers. The optimal decision point is found to be (1, 1, 1), the acacia buyers can provide the acacia growers with ordering demand according to the market demand orientation, while the acacia growers will plant and pick the appropriate acacias according to these orders. Additionally, the government will offer excellent services and incentives to both acacia growers and buyers to promote the three parties' sustainable and healthy development. In turn, the government will implement suitable solutions to enhance the low-carbon practices of enterprises. Firstly, the government will promote the establishment of a long-term mechanism through policy initiatives, urging all departments to focus on the development of the golden locust industry and prioritize it as a central task for the state's economic advancement. Secondly, this paper advocates for the creation of an innovative alliance within the golden locust industry, the establishment of an ecological organization dedicated to this sector, and the formation of a green and efficient supply chain system. Simultaneously, enterprises should internally advance low-carbon technologies and contribute to rural revitalization through industrial ecologization and eco-industrialization.

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How to cite this paper

Research on the Development of the Golden Acacia Supply Chain Based on a Three-party Evolutionary Game—Taking the “Gold of Sophora” Quanzhou, Guilin as an Example

How to cite this paper: Xinyong Lu, Tinghong Guo, Runqi Chen, Ning Zhang, Siyang Liang. (2024) Research on the Development of the Golden Acacia Supply Chain Based on a Three-party Evolutionary Game—Taking the “Gold of Sophora” Quanzhou, Guilin as an ExampleInternational Journal of Food Science and Agriculture8(3), 93-99.

DOI: http://dx.doi.org/10.26855/ijfsa.2024.09.002