Abstract
We present a contract farming model in the context of rice supply chain in the Mekong Delta, Vietnam, with the use of agent-based simulation. The purpose of the simulation is to understand the motivation of farmers and contractors in their participation into the contract rice farming scheme. The decision-making process is based on two main factors: cost-benefit analysis and the role of trust. The context is also extended with the introduction of a spot market in which both parties can renege on the contractual relationship. The simulation model then evaluates the performance of contract farming under different commitment decisions of farmers and contractors.
| Original language | English |
|---|---|
| Title of host publication | Proceedings of the 21st Asia Pacific Symposium on Intelligent and Evolutionary Systems, IES 2017 |
| Place of Publication | United States of America |
| Publisher | IEEE |
| Pages | 127-132 |
| ISBN (Print) | 9781538607435, 9781538618998 |
| DOIs | |
| Publication status | Published - 2017 |
| Event | IES 2017: 21st Asia Pacific Symposium on Intelligent and Evolutionary Systems - Hanoi, Viet Nam Duration: 15 Nov 2017 → 17 Nov 2017 |
Conference
| Conference | IES 2017: 21st Asia Pacific Symposium on Intelligent and Evolutionary Systems |
|---|---|
| Country/Territory | Viet Nam |
| City | Hanoi |
| Period | 15/11/17 → 17/11/17 |
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