Open AccessGame Analysis on Government Subsidy for Agricultural Enterprise’ IoT Investment
Author(s) -
Na Fu,
Xirui Zhang,
Zhen Jia
Publication year - 2019
Publication title -
iop conference series. materials science and engineering
Language(s) - English
Resource type - Journals
eISSN - 1757-899X
pISSN - 1757-8981
DOI - 10.1088/1757-899x/688/5/055040
Subject(s) - subsidy , investment (military) , government (linguistics) , agribusiness , internet of things , agriculture , business , production (economics) , circulation (fluid dynamics) , the internet , complete information , industrial organization , economics , computer science , computer security , microeconomics , market economy , world wide web , engineering , political science , politics , ecology , linguistics , philosophy , law , biology , aerospace engineering
There are many problems in the production and circulation of agricultural products. Internet of Things (IoT) can improve these issues. But it is difficult for a single agribusiness to bear the huge IoT investment alone, and the government needs to give certain subsidy. However, the amounts and conditions of subsidy are a series of difficult choices faced by the government. This paper will use the incomplete information game to analyse the above problems and make relevant suggestions.