Research Article

Evolutionary Game and Simulation in Forest Rights Exchange Based on the Supplier-Demander View

Table 2

Symbol definitions.

SymbolThe meaning of the expressionSymbolThe meaning of the expression

Transaction priceCommission paid by both parties
The nonforestry revenue for the supplierWhen both parties realize the transaction, this represents the utility of the supplier.
The forestry revenue for the supplierWhen the supplier chooses a transaction and the demander chooses a nontransaction, this represents the utility of the supplier
The forestry revenue of the demanderWhen the supplier chooses a nontransaction and the demander chooses a transaction, this represents the utility of the supplier
Nonforestry investment income of the demanderWhen the supplier chooses a nontransaction and the demander chooses a nontransaction, this represents the utility of the supplier
The transaction probability of the supplierWhen the two sides realize the transaction, this represents the utility of the demander
The transaction probability of the demanderWhen the supplier chooses a nontransaction and the demander chooses a transaction, this represents the utility of the demander
Transaction cost of supplierWhen the supplier chooses a transaction and the demander chooses a nontransaction, this represents the utility of the demander
Transaction cost of demander.When the supplier chooses a nontransaction and the demander chooses a nontransaction, this represents the utility of the demander.
The utility level of forest products of a unitThe input required for forestry operation
The diminishing marginal returns generated by forestry production technologiesThe influence of forest rights exchange centers