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Pricing Model of Agricultural Supply Chains under Fairness Concerns and Blockchain Subsidies
ZHANG Fenglin,JI Qingkai,HU Xiangpei,WANG Xiaohui
1. Sichuan University, Chengdu, China;2. Hainan University, Haikou, China; 3. Dalian University of Technology, Dalian, Liaoning, China

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Abstract  In the context of government’s encouragement of blockchain applications, this study investigates the impact of government subsidies on decision making in a agricultural supply chain comprising government, supplier and fairness-concerned retailer. The research reveals that, first, the government is more likely to offer subsidy policies when the ratio coefficient of technology research and development (R&D) costs is high. Second, government subsidies can enhance both the level of blockchain traceability and the profits of supply chain members, albeit inducing supplier “free-riding” behavior. Third, sales subsidies and consumer subsidies yield higher blockchain traceability levels and improved government performance; when total subsidy expenditure is limited and small-scale, prioritizing R&D cost subsidies is recommended. Fourth, sales subsidies and consumer subsidies exhibit equivalent incentive effects; to prevent corporate subsidy fraud, governments should prudently design subsidy intensity and regulate product pricing. Finally, retailer fairness concerns exclusively influence wholesale prices and the distribution of profits in supply chain.
Key wordsagricultural supply chain      government subsidies      blockchain adoption      product pricing      fairness concern     
Received: 15 May 2024     
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ZHANG Fenglin
JI Qingkai
HU Xiangpei
WANG Xiaohui
Cite this article:   
ZHANG Fenglin,JI Qingkai,HU Xiangpei等. Pricing Model of Agricultural Supply Chains under Fairness Concerns and Blockchain Subsidies[J]. Chinese Journal of Management, 2025, 22(6): 1162-.
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