{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2026,3,24]],"date-time":"2026-03-24T03:18:29Z","timestamp":1774322309827,"version":"3.50.1"},"reference-count":80,"publisher":"MDPI AG","issue":"1","license":[{"start":{"date-parts":[[2023,1,29]],"date-time":"2023-01-29T00:00:00Z","timestamp":1674950400000},"content-version":"vor","delay-in-days":0,"URL":"https:\/\/creativecommons.org\/licenses\/by\/4.0\/"}],"funder":[{"DOI":"10.13039\/501100007162","name":"Department of Science and Technology of Guangdong Province","doi-asserted-by":"publisher","award":["2020A0505090004"],"award-info":[{"award-number":["2020A0505090004"]}],"id":[{"id":"10.13039\/501100007162","id-type":"DOI","asserted-by":"publisher"}]},{"DOI":"10.13039\/501100007162","name":"Department of Science and Technology of Guangdong Province","doi-asserted-by":"publisher","award":["0061\/2020\/A2"],"award-info":[{"award-number":["0061\/2020\/A2"]}],"id":[{"id":"10.13039\/501100007162","id-type":"DOI","asserted-by":"publisher"}]},{"DOI":"10.13039\/501100007162","name":"Department of Science and Technology of Guangdong Province","doi-asserted-by":"publisher","award":["0158\/2019\/A3"],"award-info":[{"award-number":["0158\/2019\/A3"]}],"id":[{"id":"10.13039\/501100007162","id-type":"DOI","asserted-by":"publisher"}]},{"name":"Macau Science and Technology Development Funds","award":["2020A0505090004"],"award-info":[{"award-number":["2020A0505090004"]}]},{"name":"Macau Science and Technology Development Funds","award":["0061\/2020\/A2"],"award-info":[{"award-number":["0061\/2020\/A2"]}]},{"name":"Macau Science and Technology Development Funds","award":["0158\/2019\/A3"],"award-info":[{"award-number":["0158\/2019\/A3"]}]}],"content-domain":{"domain":[],"crossmark-restriction":false},"short-container-title":["JTAER"],"abstract":"<jats:p>Blockchain technology (BCT) provides a new way to mitigate the default risks of lease contracts resulting from the information asymmetry in leasing. The conceptual architecture of a consortium blockchain-based leasing platform (CBLP) is first proposed to facilitate information sharing between small and medium-sized enterprises (SMEs, the \u201clessees\u201d) and leasing firms (LFs, the \u201clessors\u201d). Then, based on evolutionary game theory (EGT), this study builds a two-party game model and analyzes the influences of four types of factors (i.e., information sharing, credit, incentive\u2013penalty, and risk) on SMEs\u2019 contract compliance or default behaviors with\/without blockchain empowerment. The primary findings of this study are as follows: (1) SMEs and LFs eventually evolve to implement the ideal \u201cwin\u2013win\u201d strategies of complying with the contract and adopting BCT. (2) The large residual value of the leased asset can tempt SMEs to conduct a default action of unauthorized asset disposal, while leading LFs to access the CBLP to utilize information shared on-chain. (3) When the maintenance service is outsourced instead of being provided by lessors, the maintenance fee is not a core determinant affecting the equilibrium state. (4) There is a critical value concerning the default penalty on-chain to incentivize the involved parties to keep their commitments. (5) The capability of utilizing information, storage overhead, and security risk should all be taken into consideration when deciding on the optimal strategies for SMEs and LFs. This study provides comprehensive insights for designing an incentive mechanism to encourage lessees and lessors to cooperatively construct a sustainable and trustworthy leasing environment.<\/jats:p>","DOI":"10.3390\/jtaer18010012","type":"journal-article","created":{"date-parts":[[2023,1,30]],"date-time":"2023-01-30T11:25:47Z","timestamp":1675077947000},"page":"206-236","update-policy":"https:\/\/doi.org\/10.3390\/mdpi_crossmark_policy","source":"Crossref","is-referenced-by-count":16,"title":["Incentive-Driven Information Sharing in Leasing Based on a Consortium Blockchain and Evolutionary Game"],"prefix":"10.3390","volume":"18","author":[{"ORCID":"https:\/\/orcid.org\/0000-0002-7475-7466","authenticated-orcid":false,"given":"Hanlei","family":"Cheng","sequence":"first","affiliation":[{"name":"Faculty of Innovation Engineering, Macau University of Science and Technology, Macau 999078, China"}]},{"ORCID":"https:\/\/orcid.org\/0000-0002-0723-9351","authenticated-orcid":false,"given":"Jian","family":"Li","sequence":"additional","affiliation":[{"name":"Faculty of Innovation Engineering, Macau University of Science and Technology, Macau 999078, China"},{"name":"School of Advanced Manufacturing, Guangdong University of Technology, Jieyang 522000, China"}]},{"given":"Jing","family":"Lu","sequence":"additional","affiliation":[{"name":"Department of Computer Science and Technology, Hubei University of Education, Wuhan 430205, China"},{"name":"Blockchain Laboratory, YGSoft Incorporation, Zhuhai 519085, China"}]},{"given":"Sio-Long","family":"Lo","sequence":"additional","affiliation":[{"name":"Faculty of Innovation Engineering, Macau University of Science and Technology, Macau 999078, China"}]},{"given":"Zhiyu","family":"Xiang","sequence":"additional","affiliation":[{"name":"Blockchain Laboratory, YGSoft Incorporation, Zhuhai 519085, China"}]}],"member":"1968","published-online":{"date-parts":[[2023,1,29]]},"reference":[{"key":"ref_1","doi-asserted-by":"crossref","unstructured":"Mol-G\u00f3mez-V\u00e1zquez, A., Hern\u00e1ndez-C\u00e1novas, G., and K\u00f6eter-Kant, J. 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