Game Studies on Accounting Entity Behavior Based on Blockchain Technology

Blockchain technology has been favored by various industries since its emergence because of the concept of data sharing, and the accounting industry is no exception. Integrating blockchain technology into the accounting information system can not only break the development restrictions of the accounting information system, but also realize the sharing of resource information among enterprises in the industry, including existing customers and suppliers. However, due to the openness and transparency of blockchain technology, there have been speculations similar to the free-rider problem among corporate accounting entities. The author uses game theory to analyze speculative behavior among accounting entities based on blockchain technology. Through analyzing the prisoner's dilemma, the selection tendency of the interests represented by each node on the blockchain is obtained after the game. Based on the boxed pig game analysis, it is concluded that under the influence of factors such as optimal prices, sales prices, negotiation costs, and production costs, larger companies in the same industry will take the initiative to negotiate prices with customers. By contrast, under the influence of factors such as optimal prices, purchase prices, and negotiation costs, larger companies in the same industry will first negotiate prices with suppliers. Given this analysis, in order to avoid speculative behaviors disrupting economic development, this paper will propose countermeasures including legal constraints, institutional punishments, privacy protection, policy support, etc., to achieve a smooth transition of integrating blockchain technology into the accounting information system.