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     Advance Journal of Food Science and Technology


A Review on the Externalities of Enterprise Green Food Production from the Perspective of Game Theory

1Liang Yuan, 1, 2Weijun He and 1Juqin Shen
1School of Business, Hohai University, Nanjing
2College of Economics and Management, Three Gorges University, Yichang, P.R. China
Advance Journal of Food Science and Technology  2016  11:849-854
http://dx.doi.org/10.19026/ajfst.10.2274  |  © The Author(s) 2016
Received: May ‎25, ‎2015  |  Accepted: June ‎22, ‎2015  |  Published: April 15, 2016

Abstract

This study introduces the externalities of green food production and related theories. Production games between enterprises in the market proved that without government regulation, enterprises would abandon the green manufacturing strategy due to the high costs but low profits associated with it resulting, a decrease in social welfare. Through the evolutionary game between enterprises and the government, the importance of government’s role in internalizing the externalities associated with the food manufacturing is magnified. Therefore, the coordination between the government, enterprises and consumers is needed to internalize the environmental externalities in the manufacturing industries such as the food manufacturing sector to insure the realization of a green growth path in the near future.

Keywords:

Evolutionary game, game theory, government, green food production,


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Competing interests

The authors have no competing interests.

Open Access Policy

This article is distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution, and reproduction in any medium, provided you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license, and indicate if changes were made.

Copyright

The authors have no competing interests.

ISSN (Online):  2042-4876
ISSN (Print):   2042-4868
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