2021Decision Support Systems 151 (2021) 113626
Aligning the interests of newsvendors and forecasters through blockchain-based smart contracts and proper scoring rules
Arthur Carvalho, Majid Karimi
The paper proposes a proper scoring rule, tailored to the newsvendor's decision problem, that rewards a forecasting expert for higher effort, and shows that coding the rule as a blockchain-based smart contract lets the newsvendor signal trustworthiness while inducing the expert to exert more effort.
aligning-newsvendors-scoring-rulesblockchaindesign-science-researchforecastingsmart-contractssupply-chain+1
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