Game Theory Analysis of Third-Party Regulation in Organic Supply Chains (opens in new tab)
As awareness of health and environmental issues grows, the demand for organic food is rising worldwide, yet consumers still struggle to distinguish genuine organic products from conventional ones. This information asymmetry creates incentives for some producers to mislabel conventional goods as organic in order to charge higher prices, threatening market integrity and trust. This paper develops a game-theoretic model of interactions among pr...
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