Supply Chain Coordination in Case of Asymmetric Information

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

  • Guido Voigt

Part of the Lecture Notes in Economics and Mathematical Systems book series (LNE, volume 650)

About this book

Introduction

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.

Keywords

Behavioral Experiments Information Sharing Just-in-Time Strategies Screening Contracts Supply Chain Coordination

Authors and affiliations

  • Guido Voigt
    • 1
  1. 1., Chair of Production and LogisticsOtto-von-Guericke University MagdeburgMagdeburgGermany

Bibliographic information

  • DOI https://doi.org/10.1007/978-3-642-20132-5
  • Copyright Information Springer-Verlag Berlin Heidelberg 2011
  • Publisher Name Springer, Berlin, Heidelberg
  • eBook Packages Business and Economics
  • Print ISBN 978-3-642-20131-8
  • Online ISBN 978-3-642-20132-5
  • Series Print ISSN 0075-8442
  • About this book