Research on Agricultural Supply Chain Decision-Making with Equity Concerns under Different Subsidy Models
Considering the impact of different government subsidy models on the decision-making of supply chain members,this study builds a three-stage Stackelberg game model consisting of farmers,cooperatives with equity concerns,and companies.Based on this game model,we have made a comparison among the decision outcomes of three models,namely no government subsidy,government subsidy to farmers,and government subsidy to companies,and thus explores the influence of government subsidy models and equity concerns on the decisions of supply chain members and social welfare.The research reveals that the cultivated area and social welfare increase with the enhancement of consumers'preference for supporting agriculture;strengthened equity concerns by cooperatives will decrease the cultivated area of crops,the purchase price set by cooperatives,and social welfare;government subsidies can effectively mitigate the negative impact of equity concerns,enhancing the profits of each member of the supply chain,with the best results observed when subsidies are provided to companies.In contrast,when subsidies are given to farmers,both the cooperative purchase price and the company purchase price decrease as subsidies increase.
government subsidiesequity concernssupporting agriculturecontract agriculture