Supply Chain Coordination in Case of Asymmetric Information

Information Sharing and Contracting in a Just-in-Time environment.

Business & Finance, Management & Leadership, Management Science, Production & Operations Management
Cover of the book Supply Chain Coordination in Case of Asymmetric Information by Guido Vogt, Springer Berlin Heidelberg
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Author: Guido Vogt ISBN: 9783642201325
Publisher: Springer Berlin Heidelberg Publication: July 5, 2011
Imprint: Springer Language: English
Author: Guido Vogt
ISBN: 9783642201325
Publisher: Springer Berlin Heidelberg
Publication: July 5, 2011
Imprint: Springer
Language: English

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.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

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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