Research Article

Evolutionary Game Analysis of Standardized Production of Agricultural Products Embedded in Blockchain

Table 2

Mixed strategy model.

Strategy SelectionConsumers
High requirement (z)Low requirement (1 − z)

Traditional agricultural production (x)Strict regulation (y)W − C1 − K1PR,
S + F1 + K1PR − C3,
K1Q1 − C5 − C7
W − C1 − K1PR,
S + F1 + K1PR − C3,
C5
Loose regulation (1 − y)W − C1 − K1PR,
S + K1PR − K1F2 − C4,
K1 (Q1 + Q2) − C5 − C7
W − C1,
S − C4,
C5

Standardized production of agricultural products embedded in blockchain (1 − x)Strict regulation (y)W − C2 − K2PR,
S + F1 + K2PR − C3,
K2Q1 − C6 − C7
W − C2 − K2PR,
S + F1 + K2PR − C3,
C6
Loose regulation (1 − y)W − C2 − K2PR,
S + K2PR − K2F2 − C4,
K1 (Q1 + Q2) − C6 − C7
W − C2,
S − C4,
C6