Smart contract is a disruptive FinTech that is signed in advance and automatically executed when the goods are received. Therefore, the buyer will settle accounts without delay payment under smart contract, which benefits the supplier in B2B transactions. However, how to motivate the buyer to...

We consider an e-tailer's upstream supplier who wants to encroach into retailing to earn additional revenue. The supplier needs to decide whether or not to enter the retail market by either selling to consumers on an e-tailer's platform by paying commission fees (agency encroachment) or opening...