Evolutionary Game Analysis of Standardized Production of Agricultural Products Embedded in Blockchain
Table 1
Model parameter setting.
Parameter meaning
Symbolicrepresentation
Normal returns for agricultural producers
W
Costs required for the production of traditional agricultural products
C1
Costs required for standardized production of agricultural products embedded in blockchain
C2
The proportion of violations of traditional agricultural production detected by government sampling or by consumers
K1
The proportion of violations of standardized production of agricultural products embedded in blockchain detected by government sampling or by consumers
K2
Government penalizes agricultural producers with fines for production violations
R
The severity of punishment imposed by the government on agricultural products’ producers for violations of production
P
Input cost of strict government regulation
C3
Input cost of loose government regulation
C4
Fixed income earned from government regulation
S
Social welfare when government regulation is strict
F1
Punishment by higher-level governments when the government is loose regulation
F2
Fixed costs for consumers to purchase traditional agricultural production
C5
Fixed costs for consumers to purchase standardized agricultural products embedded in blockchain
C6
Cost to consumers to prosecute produce producers and government
C7
Proceeds received by consumers for reporting offending produce to the government
Q1
The benefits gained by consumers who report to higher-level governments for the current loose government regulation