Blockchain-Driven Green Traceability: Greener or More Profitable?

IF 2.7 3区经济学 Q2 ECONOMICS

Managerial and Decision Economics Pub Date : 2025-02-10 DOI:10.1002/mde.4504

Shuai Huang, Wenyu Hou

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Abstract

This study examines the strategic choices of two homogeneous green manufacturers regarding blockchain implementation, considering green traceability and spillover effect. We investigate how blockchain influences both economic and environmental benefits. Our findings reveal that the spillover effect can initially mitigate competition, benefiting early adopters by enhancing green innovation and market capabilities. This can lead to simultaneous profit enhancement for both manufacturers, challenging conventional competitive dynamics. Furthermore, the magnitude of the spillover effect significantly impacts adoption decisions. Low spillover leads to a prisoner's dilemma, where independent adoption is likely. Conversely, high spillover encourages simultaneous adoption, achieving a Pareto-optimal equilibrium. Finally, while individual blockchain adoption may be more environmentally beneficial, simultaneous adoption generally leads to greater economic advantages. This highlights the potential trade-off between economic and environmental outcomes in blockchain-enabled manufacturing.

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区块链驱动的绿色可追溯性：更环保还是更有利可图？

本研究考察了两家同质绿色制造商在实施区块链时的战略选择，考虑了绿色可追溯性和溢出效应。我们研究b区块链如何影响经济效益和环境效益。我们的研究结果表明，溢出效应可以缓解竞争，通过提高绿色创新和市场能力，使早期采用者受益。这可能导致两家制造商同时利润增加，挑战传统的竞争动态。此外，溢出效应的大小显著影响采用决策。低溢出导致囚徒困境，在这种情况下，独立采用是可能的。相反，高溢出鼓励同时采用，实现帕累托最优均衡。最后，虽然单独采用bb0可能对环境更有利，但同时采用通常会带来更大的经济优势。这凸显了区块链制造中经济和环境结果之间的潜在权衡。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Managerial and Decision Economics Multiple-

CiteScore

1.40

自引率

18.20%

发文量

242

期刊介绍： Managerial and Decision Economics will publish articles applying economic reasoning to managerial decision-making and management strategy.Management strategy concerns practical decisions that managers face about how to compete, how to succeed, and how to organize to achieve their goals. Economic thinking and analysis provides a critical foundation for strategic decision-making across a variety of dimensions. For example, economic insights may help in determining which activities to outsource and which to perfom internally. They can help unravel questions regarding what drives performance differences among firms and what allows these differences to persist. They can contribute to an appreciation of how industries, organizations, and capabilities evolve.