Research on closed-loop supply chain strategy and coordination based on government dynamic subsidy blockchain technology
Consider a closed-loop supply chain(CLSC)composed of a single manufacturer and a single retailer.Construct centralized and decentralized decision models for the government's dynamic subsidy on blockchain technology and conduct an analysis and comparison.Based on this,design coordination mechanisms to maximize the effectiveness of government dynamic subsidies,ensuring the operation of the CLSC.The research indicates the following:1)Con-sumer preference for traceability promotes the adoption of blockchain technology in CLSCs.2)Government dynamic subsidies reduce wholesale prices,positively impacting the promotion of product recycling and the enhancement of blockchain traceability levels,increasing the profits of the CLSC system and its members.When consumer preference for traceability falls below a specific threshold,government dynamic subsidies lead to a reduction in product retail prices.3)Under centralized decision-making,the CLSC system achieves higher profits.Cost-sharing contracts for recycling efforts under decentralized decision-making result in win-win outcomes for manufacturers and retailers.Through asymmetric Nash equilibrium negotiations,the distri-bution of dynamic surplus gains after contract coordination can be realized.This study provides a theoretical basis for the formulation of support strategies by government departments and offers important managerial insights for CLSC enterprises when implementing blockchain technology.These insights contribute to enhancing supply chain efficiency and sustainability.