Title: Coordinating Two-Stage Supply Chain under Asymmetric Retailer's Cost Information
Abstract: What is considered in other papers is the coordination problem of a supply chain composed of only a single supplier and retailer.The coordination model is given under the two members' cooperation.This is based on symmetric information.Because of asymmetric information,the effectiveness of the coordination model is influenced.Based on such symmetric information,a coordination model under two parties having asymmetric retailer's cost information is built.This model is based on that the supplier and the tetailer agree on the profit sharing.The supplier and the retailer design an incentive mechanism to prevent the retailer from providing false cost information and to increase their profit under optimizing the profit of the supply chain.
Publication Year: 2008
Publication Date: 2008-01-01
Language: en
Type: article
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