区块链技术对供应链金融的影响——基于三方博弈、动态演化博弈的视角  

The Influence of Blockchain on Supply Chain Finance——Based on Tripartite Game Theory and Dynamic Evolutionary Game Theory

作　　者：楼永[1] 常宇星 郝凤霞[1] LOU Yong;CHANG Yu-xing;HAO Feng-xia(School of Economics&Management,Tongji University,Shanghai 200092,China)

机构地区：[1]同济大学经济与管理学院,上海200092

出　　处：《中国管理科学》2022年第12期352-360,共9页Chinese Journal of Management Science

基　　金：国家社会科学基金资助项目(18BGL019)。

摘　　要：本文引入了一个区块链+供应链金融理论框架,通过银-企融资效率优化的双向视角,利用三方博弈、动态演化博弈模型研究了区块链技术引入后对供应链金融体系的影响。研究发现,引入区块链技术降低了供应链金融市场的融资约束,增加了融资企业的资金可得性。同时,区块链技术的低运维成本最终使得区块链+供应链金融模式下各主体的融资效率获得提高。长期来看,实现最优均衡对区块链技术本身提出了要求,一是要降低区块链运维成本,二是要设计稳定有效的供应链金融系统制约,该制约一定程度上从外部代替了供应链本身的稳定作用。在当下市场缺乏有效性与融资难题并存的环境中,研究该模式对融资市场的发展具有一定指导意义。A theoretical framework of blockchain & supply chain finance is introduced,and three-party game and dynamic evolutionary game models are used to analyze the impact of blockchain on the supply chain financial system through a two-way perspective between banks and enterprises.It is found that the financing constraints of the supply chain financial market were reduced by the technology of the blockchain,which increased the availability of funds for financing companies.Similarly,the low operation and maintenance cost of blockchain technology ultimately improves the financing efficiency of participants in the blockchain & supply chain financial model.From a long-term perspective,achieving the optimal balance puts forward requirements on the technology of the blockchain itself.On the one hand,it may reduce the cost of blockchain operation and maintenance.On the other hand,it is necessary to design a stable and effective supply chain financial system constraints.This constraint,to some extent,might be the stabilizing role of the supply chain itself has been replaced from the outside.also has a guidance for the development of financing market which is a little ineffective currently.

关 键 词：供应链金融 区块链技术 融资效率 演化博弈 

分 类 号：F830.45[经济管理—金融学]