\relax 
\emailauthor{xxx@ucas.ac.cn}{xxx}
\emailauthor{xxx@ucas.ac.cn}{xxxx}
\emailauthor{CorrespondingAuthor@ucas.ac.cn}{xxx\corref {Cor}}
\Newlabel{SDCUCAS}{a}
\Newlabel{SEMUCAS}{b}
\Newlabel{BDCAS}{c}
\Newlabel{Cor}{1}
\citation{OECD2014}
\citation{spacex}
\citation{TheSpaceReport2021}
\citation{Kucukcay}
\@writefile{toc}{\contentsline {section}{\numberline {1}Introduction}{3}\protected@file@percent }
\newlabel{sec:introduction}{{1}{3}}
\@writefile{toc}{\contentsline {subsection}{\numberline {1.1}Background}{3}\protected@file@percent }
\citation{Suchodolski2018}
\citation{Gould2000,Kunstadter2020}
\citation{Zheng2021}
\@writefile{toc}{\contentsline {subsection}{\numberline {1.2}Research questions and key findings}{6}\protected@file@percent }
\citation{Wang2021b}
\citation{Chakuu2019}
\citation{Xu2018}
\citation{Gelsomino2016}
\citation{Zhao2015}
\citation{Gomm2010}
\citation{Sodhi2012a,Heckmann2015}
\citation{Lin2010}
\citation{Wang2021}
\@writefile{toc}{\contentsline {section}{\numberline {2}Literature review}{7}\protected@file@percent }
\newlabel{sec:review}{{2}{7}}
\@writefile{toc}{\contentsline {subsection}{\numberline {2.1}Supply chain insurance}{7}\protected@file@percent }
\citation{LodreeJr2008}
\citation{Yu2021}
\citation{Brusset2018}
\citation{Kucukcay}
\citation{MIT}
\citation{Galluzzi2006}
\citation{Taylor2006}
\citation{Gralla2006}
\@writefile{toc}{\contentsline {subsection}{\numberline {2.2}Space supply chain management}{8}\protected@file@percent }
\citation{Wooten2018}
\citation{Raghunath2021}
\citation{Guo2021}
\citation{Donelli2021}
\citation{Dewicki}
\citation{Choi2019}
\citation{Chod2020}
\citation{Queiroz2019,Wang2019,Babich2020,Li2022}
\citation{Naydenova2017,Nash2016}
\citation{Moise2018,Hilary2022,Chod2020,Korpela2017,Wang2021a}
\citation{Choi2020,Choi2021}
\citation{Pun2021,Shen2021,Fan2020}
\@writefile{toc}{\contentsline {subsection}{\numberline {2.3}Blockchain technology support supply chain management}{9}\protected@file@percent }
\citation{Adhikari2020}
\citation{Zheng2021}
\citation{HylandWood2020}
\@writefile{toc}{\contentsline {subsection}{\numberline {2.4}Summary}{10}\protected@file@percent }
\citation{Bailey2020,Kunstadter2020}
\citation{Tang2018}
\@writefile{toc}{\contentsline {section}{\numberline {3}Benchmark case}{11}\protected@file@percent }
\newlabel{sec:models}{{3}{11}}
\@writefile{lot}{\contentsline {table}{\numberline {1}{\ignorespaces  Notation\relax }}{12}\protected@file@percent }
\providecommand*\caption@xref[2]{\@setref\relax\@undefined{#1}}
\newlabel{tab:Parameters}{{1}{12}}
\citation{Andrews2011,Barschke2020}
\@writefile{lof}{\contentsline {figure}{\numberline {1}{\ignorespaces Sequence of events. SO :the satellite operator; VM: the vehicle manufacture; IC: the insurance company. \relax }}{13}\protected@file@percent }
\newlabel{fig:sequence}{{1}{13}}
\@writefile{toc}{\contentsline {subsection}{\numberline {3.1}Model I: Satellite launch supply chain with insurance }{13}\protected@file@percent }
\newlabel{sec:modeli}{{3.1}{13}}
\newlabel{eq:id}{{1}{13}}
\newlabel{eq:iso:payoff}{{2}{13}}
\newlabel{eq:vm:payoff}{{3}{14}}
\@writefile{toc}{\contentsline {subsubsection}{\numberline {3.1.1}The VM’s effort}{14}\protected@file@percent }
\newlabel{eq:ei}{{4}{14}}
\newlabel{eq:ec}{{5}{14}}
\newlabel{eq:pv}{{7}{15}}
\@writefile{toc}{\contentsline {subsubsection}{\numberline {3.1.2}The IC's premium rate}{15}\protected@file@percent }
\newlabel{eq:ri}{{8}{15}}
\@writefile{toc}{\contentsline {subsubsection}{\numberline {3.1.3}The SO's optimal price}{15}\protected@file@percent }
\newlabel{eq:so:payoff_p}{{9}{15}}
\newlabel{eq:CS}{{10}{16}}
\newlabel{lemma:modeli}{{3.1}{16}}
\@writefile{lot}{\contentsline {table}{\numberline {2}{\ignorespaces  The equilibrium outcomes in Model I.\relax }}{16}\protected@file@percent }
\newlabel{tab:modeli_decisions}{{2}{16}}
\@writefile{lot}{\contentsline {table}{\numberline {3}{\ignorespaces  Sensitivity analyses for Model I and Model IG.\relax }}{19}\protected@file@percent }
\newlabel{tab:modeli_and_ig_sensitivity}{{3}{19}}
\@writefile{toc}{\contentsline {subsection}{\numberline {3.2}Model IG: Satellite launch supply chain with government-subsidized insurance}{19}\protected@file@percent }
\@writefile{lof}{\contentsline {figure}{\numberline {2}{\ignorespaces Sequence of events. SO :the satellite operator; VM: the vehicle manufacture; IC: the insurance company. \relax }}{20}\protected@file@percent }
\newlabel{fig:sequence_g}{{2}{20}}
\newlabel{eq:igd}{{11}{20}}
\newlabel{eq:igso:payoff}{{12}{20}}
\newlabel{eq:igvm:payoff}{{12}{20}}
\newlabel{lemma:modelig}{{3.2}{20}}
\@writefile{lot}{\contentsline {table}{\numberline {4}{\ignorespaces  The equilibrium outcomes in Model IG.\relax }}{21}\protected@file@percent }
\newlabel{tab:modelig_decisions}{{4}{21}}
\@writefile{toc}{\contentsline {subsection}{\numberline {3.3}Values of government subsidies}{22}\protected@file@percent }
\newlabel{sec:values_g}{{3.3}{22}}
\newlabel{eq:values_g}{{13}{22}}
\@writefile{lot}{\contentsline {table}{\numberline {5}{\ignorespaces  Values of government subsidies.\relax }}{22}\protected@file@percent }
\newlabel{tab:values_g}{{5}{22}}
\newlabel{prop:values_decision}{{3.1}{22}}
\newlabel{prop:values_profit}{{3.2}{23}}
\citation{Altaf2019}
\citation{Altaf2019}
\@writefile{toc}{\contentsline {section}{\numberline {4}The case with blockchain technology }{24}\protected@file@percent }
\@writefile{lof}{\contentsline {figure}{\numberline {3}{\ignorespaces Satellite launch supported by blockchain platform.\relax }}{25}\protected@file@percent }
\newlabel{fig:blockchain}{{3}{25}}
\@writefile{toc}{\contentsline {subsection}{\numberline {4.1}Model IB: Blockchain-embedded satellite launch supply chain with insurance }{25}\protected@file@percent }
\newlabel{eq:igd}{{14}{26}}
\newlabel{eq:bso:payoff}{{15}{26}}
\newlabel{eq:bvm:payoff}{{15}{26}}
\newlabel{lemma:modelb}{{4.1}{27}}
\@writefile{lot}{\contentsline {table}{\numberline {6}{\ignorespaces  The equilibrium outcomes in Model B.\relax }}{27}\protected@file@percent }
\newlabel{tab:modelb_decisions}{{6}{27}}
\@writefile{lot}{\contentsline {table}{\numberline {7}{\ignorespaces  Sensitivity analyses for Model I and Model IB.\relax }}{28}\protected@file@percent }
\newlabel{tab:modeli_and_b_sensitivity}{{7}{28}}
\@writefile{toc}{\contentsline {subsection}{\numberline {4.2}Values of implying BCT}{29}\protected@file@percent }
\newlabel{sec:value_b}{{4.2}{29}}
\newlabel{eq:values_b}{{16}{29}}
\newlabel{prop:values_decision_b}{{4.1}{29}}
\@writefile{lot}{\contentsline {table}{\numberline {8}{\ignorespaces  Values of BCT.\relax }}{30}\protected@file@percent }
\newlabel{tab:values_decision_b}{{8}{30}}
\@writefile{lot}{\contentsline {table}{\numberline {9}{\ignorespaces  Values of BCT.\relax }}{30}\protected@file@percent }
\newlabel{tab:values_profit_b}{{9}{30}}
\newlabel{prop:values_profit_b}{{4.2}{30}}
\@writefile{toc}{\contentsline {section}{\numberline {5}Conclusions}{31}\protected@file@percent }
\newlabel{sec:conclusions}{{5}{31}}
\citation{Barschke2020}
\bibstyle{model5-names-with-volume-number}
\bibdata{SAVM}
\bibcite{Adhikari2020}{{1}{2020}{{Adhikari \& Davis}}{{}}}
\@writefile{toc}{\contentsline {section}{\numberline {6} Future research}{32}\protected@file@percent }
\bibcite{Altaf2019}{{2}{2019}{{Altaf}}{{}}}
\bibcite{Andrews2011}{{3}{2011}{{Andrews \& Bonnema}}{{}}}
\bibcite{Babich2020}{{4}{2020}{{Babich \& Hilary}}{{}}}
\bibcite{Bailey2020}{{5}{2020}{{Bailey}}{{}}}
\bibcite{Barschke2020}{{6}{2020}{{Barschke}}{{}}}
\bibcite{Brusset2018}{{7}{2018}{{Brusset \& Bertrand}}{{}}}
\bibcite{Chakuu2019}{{8}{2019}{{Chakuu et~al.}}{{Chakuu, Masi \& Godsell}}}
\bibcite{Chod2020}{{9}{2020}{{Chod et~al.}}{{Chod, Trichakis, Tsoukalas, Aspegren \& Weber}}}
\bibcite{Choi2019}{{10}{2019}{{Choi}}{{}}}
\bibcite{Choi2020}{{11}{2020}{{Choi}}{{}}}
\bibcite{Choi2021}{{12}{2021}{{Choi \& Ouyang}}{{}}}
\bibcite{Dewicki}{{13}{}{{Dewicki et~al.}}{{Dewicki, Simpson~II, St~Thomas \& O'Brien}}}
\bibcite{Donelli2021}{{14}{2021}{{Donelli et~al.}}{{Donelli, Ciampa, Nagel, Lemos, Mello, Cuco \& van~der Laan}}}
\bibcite{Fan2020}{{15}{2020}{{Fan et~al.}}{{Fan, Wu \& Cao}}}
\bibcite{Galluzzi2006}{{16}{2006}{{Galluzzi et~al.}}{{Galluzzi, Zapata, de~Weck \& Steele}}}
\bibcite{Gelsomino2016}{{17}{2016}{{Gelsomino et~al.}}{{Gelsomino, Mangiaracina, Perego \& Tumino}}}
\bibcite{Gomm2010}{{18}{2010}{{Gomm}}{{}}}
\bibcite{Gould2000}{{19}{2000}{{Gould \& Linden}}{{}}}
\bibcite{Gralla2006}{{20}{2006}{{Gralla et~al.}}{{Gralla, Shull \& De~Weck}}}
\bibcite{Guo2021}{{21}{2021}{{Guo et~al.}}{{Guo, Yang \& Jiang}}}
\bibcite{Heckmann2015}{{22}{2015}{{Heckmann et~al.}}{{Heckmann, Comes \& Nickel}}}
\bibcite{Hilary2022}{{23}{2022}{{Hilary}}{{}}}
\bibcite{HylandWood2020}{{24}{2020}{{Hyland-Wood et~al.}}{{Hyland-Wood, Robinson, Johnson, Hare, Henderson, Lewicki \& Saltini}}}
\bibcite{Korpela2017}{{25}{2017}{{Korpela et~al.}}{{Korpela, Hallikas \& Dahlberg}}}
\bibcite{Kucukcay}{{26}{2018}{{Kucukcay}}{{}}}
\bibcite{Kunstadter2020}{{27}{2020}{{Kunstadter}}{{}}}
\bibcite{Li2010}{{28}{2010}{{Li}}{{}}}
\bibcite{Li2022}{{29}{2022}{{Li et~al.}}{{Li, He \& Wang}}}
\bibcite{Lin2010}{{30}{2010}{{Lin et~al.}}{{Lin, Cai \& Xu}}}
\bibcite{LodreeJr2008}{{31}{2008}{{Lodree~Jr \& Taskin}}{{}}}
\bibcite{MIT}{{32}{}{{MIT}}{{}}}
\bibcite{Moise2018}{{33}{2018}{{Moise \& Chopping}}{{}}}
\bibcite{Nash2016}{{34}{2016}{{Nash}}{{}}}
\bibcite{Naydenova2017}{{35}{2017}{{Naydenova}}{{}}}
\bibcite{OECD2014}{{36}{2014}{{OECD}}{{}}}
\bibcite{Pun2021}{{37}{2021}{{Pun et~al.}}{{Pun, Swaminathan \& Hou}}}
\bibcite{Queiroz2019}{{38}{2019}{{Queiroz et~al.}}{{Queiroz, Telles \& Bonilla}}}
\bibcite{Raghunath2021}{{39}{2021}{{Raghunath \& Kang}}{{}}}
\bibcite{TheSpaceReport2021}{{40}{2021}{{Report}}{{}}}
\bibcite{Shen2021}{{41}{2021}{{Shen et~al.}}{{Shen, Dong \& Minner}}}
\bibcite{Sodhi2012a}{{42}{2012}{{Sodhi et~al.}}{{Sodhi, Son \& Tang}}}
\bibcite{SpaceFund2022}{{43}{2022}{{SpaceFund}}{{}}}
\bibcite{Suchodolski2018}{{44}{2018}{{Suchodolski}}{{}}}
\bibcite{Tang2018}{{45}{2018}{{Tang et~al.}}{{Tang, Yang \& Wu}}}
\bibcite{spacex}{{46}{2013}{{Tariq}}{{}}}
\bibcite{Taylor2006}{{47}{2006}{{Taylor et~al.}}{{Taylor, Song, Klabjan, deWeck \& Simchi-Levi}}}
\bibcite{Wang2021b}{{48}{2021{a}}{{Wang et~al.}}{{Wang, Zhao \& Huchzermeier}}}
\bibcite{Wang2021}{{49}{2021{b}}{{Wang et~al.}}{{Wang, Qin \& Xia}}}
\bibcite{Wang2021a}{{50}{2021{c}}{{Wang et~al.}}{{Wang, Chen \& Zghari-Sales}}}
\bibcite{Wang2019}{{51}{2019}{{Wang et~al.}}{{Wang, Han \& Beynon-Davies}}}
\bibcite{Wooten2018}{{52}{2018}{{Wooten \& Tang}}{{}}}
\bibcite{Xu2018}{{53}{2018}{{Xu et~al.}}{{Xu, Chen, Jia, Brown, Gong \& Xu}}}
\bibcite{Yu2021}{{54}{2021}{{Yu et~al.}}{{Yu, Wu \& Qu}}}
\bibcite{Zhao2015}{{55}{2015}{{Zhao \& Huchzermeier}}{{}}}
\bibcite{Zheng2021}{{56}{2021}{{Zheng et~al.}}{{Zheng, Zhang, Chen \& Wu}}}