Risk Management of Global Food Production Scarcity: a Coopetititve Game Approach

In this paper, we face the problem of global food production scarcity and feeding sustainability, caused by environmental issues and climate change. Specically, our risk management approach considers food producers and sellers of vegan and non-vegan food. We propose possible economic agreements among complementary food producers, in order to develop a sustainable food production for human population sustainability - characterized by low impact on the planet - by using coopetition and game theory together. Our game coopetitive approach proposes an easier entry in global market of vegan food producers, obtaining a more sustainable food production (less pollution, less greenhouse emissions. etc.). Meanwhile, the model could allow big producers/sellers of non-vegan food a smooth rapid transaction to more sustainable production/ supply. In particular, we propose an exemplary complex agreement among global food sellers and small (but strongly sustainable and innovative) vegan food producers. We show how to adopt normal-form games in coopetition studies, in order to address climate change catastrophic risk and hunger in the world, by reducing the risk of global food production scarcity and shocks. The results of the mathematical study suggest win-win solutions for global economy and world environment, while improving human population sustainability and climate change effects.