Title | ||
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Supply chain contract design of procurement and risk-sharing under random yield and asymmetric productivity information. |
Abstract | ||
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•We consider contract design of procurement and risk-sharing under random yield.•The retailer cannot benefit from risk-sharing under symmetric information.•Both the manufacturer and the retailer can benefit from risk-sharing under certain conditions.•Risk-sharing can weaken (enhance) the effect of asymmetric information on the retailer (manufacturer).•It is necessary to consider risk-sharing under random yield for the retailer. |
Year | DOI | Venue |
---|---|---|
2018 | 10.1016/j.cie.2018.10.022 | Computers & Industrial Engineering |
Keywords | Field | DocType |
Supply chain management,Asymmetric information,Random yield,risk-sharing,Contract design | Subsidy,Information asymmetry,Microeconomics,Best response,Supply chain,Risk sharing,Value of information,Engineering,Procurement,Operations management,Profit (economics) | Journal |
Volume | ISSN | Citations |
126 | 0360-8352 | 0 |
PageRank | References | Authors |
0.34 | 18 | 3 |
Name | Order | Citations | PageRank |
---|---|---|---|
Caifeng Zhou | 1 | 0 | 0.68 |
Wansheng Tang | 2 | 554 | 56.00 |
Yanfei Lan | 3 | 218 | 15.92 |