Supply chain operation decisions with financial constraints in blockchain environment
The paper investigates the impact of factors such as consumer sensitivity ratio to blockchain technol-ogy information disclosure and competition intensity between two retailers on supply chain operation decisions with financial constraints.Considering that the retailers use blockchain technology to disclose information in order to compete in the market,they can acquire bank financing directly through transaction order data on the blockchain platform.Stackelberg game models are constructed to solve the supply chain's wholesale price,or-der quantity,and degree of blockchain technology information disclosure decisions in equilibrium.The results show that the optimal degree of blockchain technology information disclosure,the differences in the optimal order quantities,and the differences in the optimal expected profits for competitive retailers all increase with the consumer sensitivity ratio.However,competition among retailers is detrimental for the suppliers and re-tailers to obtain more profits.An increase in consumer sensitivity ratio does not always benefit the supplier.Compared with the traditional financing modes,the relationship between the optimal expected profits of retail-ers is related to factors such as the consumer sensitivity ratio and the intensity of competition.Both retailers can obtain more financing and the optimal expected profits of the supplier are constantly higher after adopting blockchain.
万方数据
维普
