Carbon emission reduction and pricing decisions of supply chain embedded in blockchain under different incentive contracts
Blockchain adoption by manufacturers to record and transmit carbon emission reduction information will in-crease consumers'trust and consumption preference for low-carbon products.In this paper,the technical effect characteristics of blockchain were embedded in the decision-making model of low-carbon supply chain,and the im-pact of manufacturers'implementation of blockchain on carbon emission reduction,pricing strategy and corporate profits under different incentive contracts provided by retailers was studied.The results showed that the wholesale price in blockchain adoption scenarios was higher than that without blockchain under no incentive contract and cost-sharing contract,but smaller than that without blockchain under the revenue-sharing contract.However,the retail price with the adoption of blockchain was higher than that without blockchain in all cases.Regardless of whether the manufacturer implements blockchain or not,the carbon emission reduction level was the largest,while the wholesale and retail prices were the smallest under the revenue-sharing contract.Only when the cost of blockchain application was less than a certain threshold,the adoption of blockchain could improve the carbon emission reduction level and manufacturers'profit.The cost threshold for manufacturers to implement blockchain was maximum under the revenue-sharing contract and minimum in the absence of incentive contract.If blockchain adoption by manufac-turers improved their own profits,it would certainly improve retailers'profits.The relationship between low-carbon preference and price sensitivity of consumers affected carbon emission reduction level,pricing strategies and the cost conditions for manufacturers to implement blockchain.