The Infona portal uses cookies, i.e. strings of text saved by a browser on the user's device. The portal can access those files and use them to remember the user's data, such as their chosen settings (screen view, interface language, etc.), or their login data. By using the Infona portal the user accepts automatic saving and using this information for portal operation purposes. More information on the subject can be found in the Privacy Policy and Terms of Service. By closing this window the user confirms that they have read the information on cookie usage, and they accept the privacy policy and the way cookies are used by the portal. You can change the cookie settings in your browser.
Under the prospect theory and the principal-agent theory, this paper studies the markdown money contract under asymmetric information when the supply chain is composed of a risk neutral retailer and a loss-averse supplier. It studies the order behaviors of the retailer when the information of retailer's sale cost is symmetric and asymmetric to the supplier respectively. It finds out within the markdown...
Under the perspective of distributor as principle, this paper set up a basic model to study the principle-agent problem between distributor and manufactures in a supply chain with the condition of stochastic demand and asymmetric information. It is fund that asymmetric information damages the distributor's expected profit, but by method of changing some specific supply chain contract parameters, the...
Supply chain is an important source of external knowledge and value creation. Similar with the knowledge flow in enterprise, the knowledge flow between enterprises in supply chain is pushed by the mechanism of knowledge market. There exists knowledge market between enterprises in supply chain. In this paper, the knowledge trade model of knowledge market in supply chain is analyzed on the basis of...
The coordination problem of a supply chain with one supplier and one retailer is analyzed under the condition that the cost information of the retailer is asymmetric. A revenue-sharing contract model is established, in the model, the supplier have the decision-making power of wholesale price and revenue sharing ratio, and the retailer have the decision-making power of hiding the information of marginal...
Each entity has independent decision right in the supply chain. Incentive for each entity is the main reason for the inefficiency in the system under asymmetric information. Supplier can encourage retailer to declare its real type of selling cost by designation for credit period contract in the two-echelon supply chain. So, individual member reaches win-win, meanwhile, the supply chain whole efficiency...
Set the date range to filter the displayed results. You can set a starting date, ending date or both. You can enter the dates manually or choose them from the calendar.