Research on credit period contract under the uncertain cost information of retailer

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-...

Full description

Saved in:
Bibliographic Details
Main Author: Bai, Shi-zhen
Format: Conference Proceeding
Language:English
Subjects:
Asymmetric information
Business
Contracts
Costs
Credit period contract
Delay effects
Game theory
Supply chain
Supply chain management
Supply chains
Online Access:Request full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary: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 is improved. Finally, the supply chain profit is analyzed by a numerical example, then, the supply chain profit is compared in the case of different parameters.
ISSN:1948-9439
1948-9447
DOI:10.1109/CCDC.2009.5192922