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A game theoretic approach for surplus food redistribution with Government intervention

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posted on 28.03.2022, 20:01 authored by Juehui Zhou
Reducing food waste advocates efficient resource utilisation and could achieve a sequence of economic, social, and environmental benefits. One of the food waste reduction initiatives is to redistribute surplus food to food rescue organisations. This paper establishes a series of food rescue "games" with or without government interventions to model and to analyse the economic impacts resulting from the surplus food redistribution. The results show that voluntary cooperation between food donors and food rescue organisations could be achieved without government intervention if food waste management costs are greater than food donation costs. In the situation that food waste management costs are less than the food donation costs, proper government policy and financial support are needed to form the coalition and to maximise the coalition's payoff.

History

Table of Contents

Introduction -- Literature Review -- Methodology -- Numerical Application -- Discussion -- Conclusion

Notes

Theoretical thesis. Bibliography: pages 35-38

Awarding Institution

Macquarie University

Degree Type

Thesis MRes

Degree

MRes, Macquarie University, Macquarie Business School, Department of Economics

Department, Centre or School

Department of Economics

Year of Award

2019

Principal Supervisor

Andrea Chareunsy

Additional Supervisor 1

Wylie Bradford

Rights

Copyright Juehui Zhou 2019 Copyright disclaimer: http://mq.edu.au/library/copyright

Language

English

Extent

1 online resource (38 pages) illustrations

Former Identifiers

mq:71956 http://hdl.handle.net/1959.14/1279931