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

• Main Author: Voigt, Guido (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Berlin, Heidelberg : Springer Berlin Heidelberg : Imprint: Springer, 2011.
• Series: Lecture Notes in Economics and Mathematical Systems, 650
• Subjects: Business.; Management science.; Production management.; Business and Management.; Operations Management.; Business and Management, general.

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...

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.