Supply Chain Coordination in Case of Asymmetric Information: Information Sharing and Contracting in a Just-in-Time environment.

Author:   Guido Vogt
Publisher:   Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
Volume:   650
ISBN:  

9783642201318


Pages:   181
Publication Date:   05 July 2011
Format:   Paperback
Availability:   In Print   Availability explained
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Supply Chain Coordination in Case of Asymmetric Information: Information Sharing and Contracting in a Just-in-Time environment.


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Overview

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.

Full Product Details

Author:   Guido Vogt
Publisher:   Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
Imprint:   Springer-Verlag Berlin and Heidelberg GmbH & Co. K
Volume:   650
Dimensions:   Width: 15.50cm , Height: 1.50cm , Length: 23.50cm
Weight:   0.454kg
ISBN:  

9783642201318


ISBN 10:   3642201318
Pages:   181
Publication Date:   05 July 2011
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Paperback
Publisher's Status:   Active
Availability:   In Print   Availability explained
This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us.

Table of Contents

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.

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