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Supply Chain Coordination in Case of Asymmetric Information: Information Sharing and Contracting in a Just-in-Time environment. (Lecture Notes in Economics and Mathematical Systems)

Guido Vogt

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ISBN 10: 3642201318 / ISBN 13: 9783642201318
Published by Springer, 2011
Condition: Good Soft cover
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Bibliographic Details

Title: Supply Chain Coordination in Case of ...

Publisher: Springer

Publication Date: 2011

Binding: Paperback

Book Condition:Good

Edition: 2011.

About this title

Synopsis:

Information sharing is frequently promoted as a mean to improve the supply chain performance. This work shows the results of behavioral experiments, in which the participants share private information in order to influence the contract terms in a Just-in-Time environment. It is shown that the impact of information sharing is ambiguous, and dependent on several factors, such as contract flexibility and complexity or the interacting behavioral types. The experimental results form the basis for a behavioral principal-agent model that gives valuable insights on how the interaction of trust, trustworthiness and the information sharing strategy impacts the supply chain performance.

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