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Record W3137585124

The Peril of Blockchain in a Vertical Relationship

2020· article· en· W3137585124 on OpenAlexaff
Xi Li, Xin Wang, Barrie R. Nault

Bibliographic record

VenueSSRN Electronic Journal · 2020
Typearticle
Languageen
FieldComputer Science
TopicBlockchain Technology Applications and Security
Canadian institutionsUniversity of CalgaryWestern University
Fundersnot available
KeywordsBusinessIntuitionSupply chainInformation asymmetryIndustrial organizationVertical integrationUpstream (networking)Transparency (behavior)Competition (biology)Information sharingCommerceMarketingFinanceComputer security
DOInot available

Abstract

fetched live from OpenAlex

Blockchains allow firms and consumers to trace the physical flow of products along a supply chain. Although this improvement in information transparency helps enhance product safety and quality, it also provides information integration in the channel by giving an upstream manufacturer information regarding its retailer's sales records, which are previously unknown owing to demand uncertainty. By breaking the information asymmetry between the manufacturer and retailer, blockchains seem to benefit the manufacturer at the expense of the retailer. Contrary to this intuition, we find that, a manufacturer's information regarding retailer's sales can worsen double marginalization and hurt the manufacturer, the retailer, and consumers alike, thereby leading to a lose-lose-lose outcome. Our results caution firms and public policymakers that the implementation of blockchains can lead to unintended consequences. Thus, we find that unlike vertical integration that resolves double marginalization, information integration can increase the intensity of channel competition making everyone worse off.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.005
metaresearch head score (Gemma)0.016
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Theoretical or conceptual · Consensus signal: Theoretical or conceptual
GenreCandidate signal: Other · Consensus signal: none
Teacher disagreement score0.020
Threshold uncertainty score0.066

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0050.016
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0010.001
Science and technology studies0.0020.004
Scholarly communication0.0060.011
Open science0.0010.005
Research integrity0.0020.003
Insufficient payload (model declined to judge)0.0200.002

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.011
GPT teacher head0.231
Teacher spread0.220 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designTheoretical or conceptual
Domainnot available
GenreOther

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations0
Published2020
Admission routes1
Has abstractyes

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