Zhang, Shiyuan, Zheng, Xiao-Xue, Jia, Jeff orcid.org/0000-0002-9830-121X et al. (1 more author) (2024) Pricing strategy and blockchain technology investment under hybrid carbon trading schemes:a biform game analysis. International Journal of Production Research. ISSN 0020-7543
Abstract
Blockchain technology (BCT) plays a pivotal role in ensuring cost-effective carbon trading and establishing customers’ trust. In this paper, we consider the combination of hybrid carbon trading schemes and blockchain technology and model a carbon trading supply chain, in which traditional and renewable energy manufacturers coexist. Within this supply chain, BCT adoption facilitates the recording of carbon trading information and simplifies the transaction process when traditional energy manufacturers procure Certified Emission Reductions (CERs) from renewable energy manufacturers. However, the substantial upfront investment costs pose a barrier to the widespread application of BCT in carbon trading processes. To address this, we introduce the cooperative investment strategy by proposing a novel biform game model framework combining the noncooperative and cooperative games, exploring the competitive strategies (the pricing strategies and BCT level decisions) and cooperative investment strategies within the same model. By comparing with noncooperative cases, in which the supply chain agents engage in BCT investment on a competition basis, our findings reveal several thresholds of competition intensity where cooperative-investment strategies induce Pareto improvements in economic performance and individual profits compared to non-cooperative strategies. These findings have significant implications for firms who adopt BCT to engage in carbon trading schemes.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | © 2024 The Author(s). |
Dates: |
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Institution: | The University of York |
Academic Units: | The University of York > Faculty of Social Sciences (York) > The York Management School |
Depositing User: | Pure (York) |
Date Deposited: | 23 Apr 2025 14:40 |
Last Modified: | 02 Jun 2025 23:12 |
Published Version: | https://doi.org/10.1080/00207543.2024.2398582 |
Status: | Published online |
Refereed: | Yes |
Identification Number: | 10.1080/00207543.2024.2398582 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:225712 |
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Description: Pricing strategy and blockchain technology investment under hybrid carbon trading schemes a biform game analysis
Licence: CC-BY 2.5