Supply Chain Coordination in Case of Asymmetric Information

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

Supply Chain Coordination in Case of Asymmetric Information

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

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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.

Introduction

Supply chain coordination in case of asymmetric information
On the impact of fixed cost reduction in the strategic lotsizing framework
The impact of information sharing on the effectiveness of screening contracts: A first laboratory experiment
The impact of contract complexity, supply chain configuration, and out-of-equilibrium behavior on the effectiveness of information sharing: A second laboratory experiment
A behavioral model on the effects of information sharing on supply chain performance
Conclusion and outlook.


ISBN 978-3-642-20131-8
Medientyp Buch
Copyrightjahr 2011
Verlag Springer, Berlin
Umfang XXVII, 181 Seiten
Sprache Englisch