Blockchain Adoption for Generic Drugs in the Medicine Supply Chain with Consumers’ Risk-Aversion: A Game-Theoretic Model Within Chinese Legal Framework
Zibin Cui,
Xiangdong Liu,
Zehua Feng
et al.
Abstract:Background
Blockchain is expected to mitigate consumers’ risk-aversion and quality uncertainty about generic drugs in medicine supply chains. This study investigates the effect of blockchain adoption for disclosing the quality information of generic drugs that compete with original drugs in the market and proposes legal measures accordingly.
Methods
We employ a game-theoretic model to analyze a medicine supply chain including a generic drug manufacturer, an original dru… Show more
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