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Agent-based simulation of contract rice farming in the Mekong Delta, Vietnam

  • Hung Nguyen Khanh
  • , Raymond Chiong
  • , Manuel Chica
  • , Richard H Middleton

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

2 Citations (Scopus)

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 languageEnglish
Title of host publicationProceedings of the 21st Asia Pacific Symposium on Intelligent and Evolutionary Systems, IES 2017
Place of PublicationUnited States of America
PublisherIEEE
Pages127-132
ISBN (Print)9781538607435, 9781538618998
DOIs
Publication statusPublished - 2017
EventIES 2017: 21st Asia Pacific Symposium on Intelligent and Evolutionary Systems - Hanoi, Viet Nam
Duration: 15 Nov 201717 Nov 2017

Conference

ConferenceIES 2017: 21st Asia Pacific Symposium on Intelligent and Evolutionary Systems
Country/TerritoryViet Nam
CityHanoi
Period15/11/1717/11/17

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