Analyzing Price and Profit Dynamics in Free Trade Port Supply Chains: A Blockchain-Centric Approach Under Consumer Sensitivity
Journal Title: Journal of Intelligent Management Decision - Year 2023, Vol 2, Issue 4
Abstract
In light of both domestic and international research on blockchain and supply chains, coupled with the blockchain development in the Hainan Free Trade Port of China, a supply chain model sensitive to demand and consumer behavior has been established. This study selects Hainan Free Trade Port and the established Hong Kong Free Trade Port for comparison. Integrating diverse tax policies of these ports, the research employs a Stackelberg game led by market pioneers to analyze fluctuations in relevant factors. The findings indicate that the incorporation of blockchain technology impacts the sales prices within supply chains. Furthermore, the utilization of blockchain significantly mitigates the influence of other variables on supply chain profits. Compared to supply chains without blockchain integration, those utilizing this technology establish substantial profit advantages.
Authors and Affiliations
Fan Jiang, Ilija Tanackov, Qiushuang Zhang, Shaoqing Tian
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