Financing the Three-Tier Supply Chain: Advance Payment vs. Blockchain-Enabled Financing Mode

Table 2

Notation list.

Variables	Description
Parameters
	Market price
	Choke price
	The price sensitivity of inverse demand function
	The output of agricultural products
	Expectation of output coefficient
	The planting area
	Unit input cost of the farmer
	The output effort cost of the farmer
	The profit of the farmer
	The profit of the acquirer
	The profit of the core enterprise
	The discount rate about advance payment
	The risk-free rate of the acquirer
	Bank loan interest rate
	Transmission-fee rate for the electronic certificate in B mode
Decision variables
	The farmer’s planting area
	The price at which the acquirer buys the product from the farmer
	The price at which the core enterprise buys the product from the acquirer