Supply and Demand Optimization of Agricultural Products in Game Theory: A State-of-the-Art Review

Journal Title: Journal of Engineering Management and Systems Engineering - Year 2022, Vol 1, Issue 2

Abstract

Optimizing the supply chain of agricultural products is an important way to revitalize the rural economy. The perishable products are agricultural products with special properties and great potential. Game theory is an effective research tool for maximizing revenue management in competition and cooperation. Therefore, this study reviews the literature on the pricing and procurement of perishable products in the past three years under the game theory. Firstly, this study summarizes the common game models of supply chain through the review of multi-objective models. Secondly, it summarizes the literature on pricing and purchasing, and explores the strategies of product management, benefit maximization and supply chain coordination. Finally, based on some cutting-edge results, this study proposes promising research directions in the future. This study is helpful to summarize the application of game theory in supply chain management, help rural agricultural products to achieve maximum benefit, and solve the problem of supply and demand optimization.

Authors and Affiliations

Kuo-Yi Lin, Li Hu

Keywords

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  • EP ID EP731826
  • DOI 10.56578/jemse010205
  • Views 56
  • Downloads 0

How To Cite

Kuo-Yi Lin, Li Hu (2022). Supply and Demand Optimization of Agricultural Products in Game Theory: A State-of-the-Art Review. Journal of Engineering Management and Systems Engineering, 1(2), -. https://europub.co.uk/articles/-A-731826