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Supply Chain Coordination in Case of Asymmetric Information

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

  • Book
  • © 2011

Overview

Authors:
  1. Guido Voigt

    1. , Chair of Production and Logistics, Otto-von-Guericke University Magdeburg, Magdeburg, Germany

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  • Managerial insights on the impact of information sharing and contract complexity
  • The interaction between trust, trustworthiness and information sharing strategies
  • Setup cost reduction in case of asymmetric information in a Just-in-Time environment on the supply chain performance

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

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Table of contents (7 chapters)

  1. Front Matter

    Pages i-xxvii
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  2. Introduction

    • Guido Voigt
    Pages 1-4

  3. Supply Chain Coordination in Case of Asymmetric Information

    • Guido Voigt
    Pages 5-44

  4. On the Impact of Fixed Cost Reduction in the Strategic Lotsizing Framework

    • Guido Voigt
    Pages 45-66

  5. The Impact of Information Sharing on the Effectiveness of Screening Contracts: A First Laboratory Experiment

    • Guido Voigt
    Pages 67-107

  6. The Impact of Contract Complexity, Supply Chain Configuration, and Out-of-Equilibrium Behavior on the Effectiveness of Information Sharing: A Second Laboratory Experiment

    • Guido Voigt
    Pages 109-145

  7. A Behavioral Model on the Effects of Information Sharing on Supply Chain Performance

    • Guido Voigt
    Pages 147-170

  8. Conclusion and Outlook

    • Guido Voigt
    Pages 171-176

  9. Back Matter

    Pages 177-181
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Keywords

About this book

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.

Authors and Affiliations

  • , Chair of Production and Logistics, Otto-von-Guericke University Magdeburg, Magdeburg, Germany

    Guido Voigt

Bibliographic Information

  • Book Title: Supply Chain Coordination in Case of Asymmetric Information

  • Book Subtitle: Information Sharing and Contracting in a Just-in-Time environment.

  • Authors: Guido Voigt

  • Series Title: Lecture Notes in Economics and Mathematical Systems

  • DOI: https://doi.org/10.1007/978-3-642-20132-5

  • Publisher: Springer Berlin, Heidelberg

  • eBook Packages: Business and Economics, Business and Management (R0)

  • Copyright Information: Springer-Verlag Berlin Heidelberg 2011

  • Softcover ISBN: 978-3-642-20131-8Published: 05 July 2011

  • eBook ISBN: 978-3-642-20132-5Published: 05 July 2011

  • Series ISSN: 0075-8442

  • Series E-ISSN: 2196-9957

  • Edition Number: 1

  • Number of Pages: XXVII, 181

  • Number of Illustrations: 58 b/w illustrations

  • Topics: Operations Management, Business and Management, general

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