DISASTER: Blockchain-Enabled Token Trading Game for Supply Chain Management

Georgetown McDonough School of Business Research Paper No. 4389480

Forthcoming in INFORMS Transaction on Education

17 Pages Posted: 21 Mar 2023 Last revised: 20 Jun 2023

See all articles by Kai Wendt

Kai Wendt

WHU - Otto Beisheim School of Management

Daniel Hellwig

WHU - Otto Beisheim School of Management

Volodymyr Babich

Georgetown University - McDonough School of Business

Arnd Huchzermeier

WHU - Otto Beisheim School of Management

Date Written: March 15, 2023

Abstract

This paper describes the Blockchain-Enabled Token Trading Game for Supply Chain Management, a web-based supply chain simulation. The game uses blockchain technology’s concepts to create virtual markets for supplier capacity trading among retailers, where participants take on the role of a retailer, have different valuations for products, and submit an order before knowing their demand; after demand realization, participants trade tokens (claims on the supplier's capacity) among themselves using virtual markets to maximize their profits. The game provides participants with first-hand experience with how blockchain technology can be used in practice, thus serving as an interactive pedagogical tool. More generally, the game is intended to help supply chain management and blockchain technology students and executives understand the challenges of serving uncertain customer demand and the role of virtual markets in providing an effective remedy for reconciling supply and demand, thus improving supply chain performance.

Keywords: virtual markets, tokenization, blockchain technology, supply chain management game, behavioral operations

Suggested Citation

Wendt, Kai and Hellwig, Daniel and Babich, Volodymyr and Huchzermeier, Arnd, DISASTER: Blockchain-Enabled Token Trading Game for Supply Chain Management (March 15, 2023). Georgetown McDonough School of Business Research Paper No. 4389480, Forthcoming in INFORMS Transaction on Education, Available at SSRN: https://ssrn.com/abstract=4389480 or http://dx.doi.org/10.2139/ssrn.4389480

Kai Wendt

WHU - Otto Beisheim School of Management ( email )

Burgplatz 2
Vallendar, 56179
Germany

Daniel Hellwig

WHU - Otto Beisheim School of Management ( email )

Burgplatz 2
Vallendar, 56179
Germany

Volodymyr Babich

Georgetown University - McDonough School of Business ( email )

3700 O Street, NW
Washington, DC 20057
United States

Arnd Huchzermeier (Contact Author)

WHU - Otto Beisheim School of Management ( email )

Burgplatz 2
Vallendar, 56179
Germany
+49-261-6509380 (Phone)
+49-261-6509389 (Fax)

HOME PAGE: http://www.whu.edu/prod

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