Title
Supply Chain Contracting with Linear Utility Function.
Abstract
The supply chain contracting has traditionally been based on the profit maximization assumption. Recent research has shown that some behavior factors may influence the decision making of supply chain members. The authors utilize a linear utility function to depict such behavior factors and incorporate these into the newsvendor model. The linear utility function provides sufficient flexibility to better capture people's various behavior factors. By supposing the agents are concerned with behavior factors, the authors first investigate how the factors affect the supply chain under wholesale price contract, and find that they do not influence coordination condition, but can adjust the distribution of profits. Then they extend their study to other four common contracts with a similar method and systematically demonstrate that the behavior of agents in such a linear setting has no effect on the conditions of coordinating supply chain.
Year
DOI
Venue
2017
10.4018/IJISSCM.2017040101
IJISSCM
Keywords
Field
DocType
Behavior Operation Management, Decision Making, Newsvendor Problem, Supply Chain Contracting, Supply Chain Coordination
Service management,Newsvendor model,Microeconomics,Supply chain,Profit maximization,Operations management,Profit (economics),Business
Journal
Volume
Issue
ISSN
10
2
1935-5726
Citations 
PageRank 
References 
1
0.36
18
Authors
4
Name
Order
Citations
PageRank
Ningning Wang1303.42
Jibao Gu21057.55
Qinglong Gou3275.04
Jinfeng Yue414311.37