Title: Tea industry's sustainable development: based on participants' tripartite evolutionary game and numerical simulation
Authors: Yihui Chen; Biyun Hong
Addresses: Anxi College of Tea Science, Fujian Agriculture and Forestry University, Fuzhou 350002, China ' Anxi College of Tea Science, Fujian Agriculture and Forestry University, Fuzhou 350002, China
Abstract: Based on the assumptions of bounded rationality and information asymmetry, this paper adopts the tripartite evolutionary game and the numerical simulation to analyse the evolutionary stable strategies and evolution process of the three participants in the sustainable development of the tea industry. Firstly, this paper makes reasonable assumptions based on reality and constructs the tripartite evolutionary game model that includes the government, the enterprises/farmers and consumers as the main participants. Secondly, this paper applies the Lyapunov stability discriminant equations to analyse the asymptotic stability of the equilibrium points in the tripartite evolutionary game model, and proves that when the constraints are met, there are four dynamic evolutionary stable strategies for the three participants. Thirdly, through further analysis and numerical simulation of each dynamic ESS, this paper confirms that under some constraints, it is more likely to achieve the sustainable development of the tea industry.
Keywords: tea industry; sustainable development; sustainable production technology; sustainable consumption behaviour; tripartite evolutionary game; numerical simulation; China; evolutionary stable strategies; ESS; equilibrium point.
International Journal of Simulation and Process Modelling, 2022 Vol.18 No.1, pp.61 - 76
Received: 21 Jul 2021
Accepted: 25 Jan 2022
Published online: 22 Jun 2022 *