Research on investment optimization and coordination of fresh supply chain considering misreporting behavior under blockchain technology
In the traditional fresh supply chain, farmers commonly conceal the true quality information of their products in order to achieve better sales. This article focuses on the use of blockchain technology to address the issue of false freshness reporting in a two-level fresh supply chain consisting of...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Elsevier
2024-03-01
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| Series: | Heliyon |
| Subjects: | |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S2405844024027804 |
| _version_ | 1827316503805952000 |
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| author | Xin Yang Mingjing Liu Jinyu Wei Yaoxi Liu |
| author_facet | Xin Yang Mingjing Liu Jinyu Wei Yaoxi Liu |
| author_sort | Xin Yang |
| collection | DOAJ |
| description | In the traditional fresh supply chain, farmers commonly conceal the true quality information of their products in order to achieve better sales. This article focuses on the use of blockchain technology to address the issue of false freshness reporting in a two-level fresh supply chain consisting of a rural cooperative and a supermarket. Taking into account the dual losses of quality and quantity in the process of agricultural products transportation, the impacts of the product freshness and the blockchain investment level on random market demand are quantified in this paper. And game models for centralized and decentralized decision-making before and after investing in blockchain technology are proposed. By comparing the supply chain optimal decisions and performances under different scenarios, a revenue-cost sharing contract is designed to coordinate the decentralized decision-making. Simulation results show that the application of the blockchain technology can further consolidate the superiority of the centralized decision-making. However, there is a certain threshold for the application of the blockchain technology in decentralized decision-making. When the unit cost of blockchain exceeds the threshold, the rural cooperative will abandon its cooperation with the supermarket due to reduced profits. And the combined contract also has a threshold boundary for its coordinating effect on decentralized decision-making. |
| first_indexed | 2024-03-07T21:53:48Z |
| format | Article |
| id | doaj.art-e86ff6f9b3d8488ca683a09c47dc8763 |
| institution | Directory Open Access Journal |
| issn | 2405-8440 |
| language | English |
| last_indexed | 2024-04-24T23:16:46Z |
| publishDate | 2024-03-01 |
| publisher | Elsevier |
| record_format | Article |
| series | Heliyon |
| spelling | doaj.art-e86ff6f9b3d8488ca683a09c47dc87632024-03-17T07:56:10ZengElsevierHeliyon2405-84402024-03-01105e26749Research on investment optimization and coordination of fresh supply chain considering misreporting behavior under blockchain technologyXin Yang0Mingjing Liu1Jinyu Wei2Yaoxi Liu3School of Economics and Management, Tianjin Agricultural University, ChinaSchool of Management, Tianjin University of Technology, ChinaSchool of Management, Tianjin University of Technology, ChinaSchool of Management, Tianjin University of Technology, China; Corresponding author. 391 Binshui West Road, Xiqing District, Tianjin, China.In the traditional fresh supply chain, farmers commonly conceal the true quality information of their products in order to achieve better sales. This article focuses on the use of blockchain technology to address the issue of false freshness reporting in a two-level fresh supply chain consisting of a rural cooperative and a supermarket. Taking into account the dual losses of quality and quantity in the process of agricultural products transportation, the impacts of the product freshness and the blockchain investment level on random market demand are quantified in this paper. And game models for centralized and decentralized decision-making before and after investing in blockchain technology are proposed. By comparing the supply chain optimal decisions and performances under different scenarios, a revenue-cost sharing contract is designed to coordinate the decentralized decision-making. Simulation results show that the application of the blockchain technology can further consolidate the superiority of the centralized decision-making. However, there is a certain threshold for the application of the blockchain technology in decentralized decision-making. When the unit cost of blockchain exceeds the threshold, the rural cooperative will abandon its cooperation with the supermarket due to reduced profits. And the combined contract also has a threshold boundary for its coordinating effect on decentralized decision-making.http://www.sciencedirect.com/science/article/pii/S2405844024027804Fresh supply chainMisrepresentation of freshnessBlockchain investmentRevenue-cost sharing contract |
| spellingShingle | Xin Yang Mingjing Liu Jinyu Wei Yaoxi Liu Research on investment optimization and coordination of fresh supply chain considering misreporting behavior under blockchain technology Heliyon Fresh supply chain Misrepresentation of freshness Blockchain investment Revenue-cost sharing contract |
| title | Research on investment optimization and coordination of fresh supply chain considering misreporting behavior under blockchain technology |
| title_full | Research on investment optimization and coordination of fresh supply chain considering misreporting behavior under blockchain technology |
| title_fullStr | Research on investment optimization and coordination of fresh supply chain considering misreporting behavior under blockchain technology |
| title_full_unstemmed | Research on investment optimization and coordination of fresh supply chain considering misreporting behavior under blockchain technology |
| title_short | Research on investment optimization and coordination of fresh supply chain considering misreporting behavior under blockchain technology |
| title_sort | research on investment optimization and coordination of fresh supply chain considering misreporting behavior under blockchain technology |
| topic | Fresh supply chain Misrepresentation of freshness Blockchain investment Revenue-cost sharing contract |
| url | http://www.sciencedirect.com/science/article/pii/S2405844024027804 |
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