Game analysis on agricultural biomass supplementary collection strategies for industrial buyers in local markets

Abstract

This paper reveals the mechanism of supplementary collection strategy for industrial buyers in a local supply market. A framework is presented to describe the economic behaviors, goals and interests of players in the market. Game theory is applied to investigate the willingness of suppliers and industrial buyers to seek strategies that promote the common interests; supplementary collection strategy is specially focused on sustainable biomass supply. The conclusion is that industrial buyers who adopt supplementary collection strategy will get more profits, but the supplementary collection strategy is lowly efficient in biomass utilization for the decision makers.