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

Guido Voigt
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Guido Voigt: Otto-von-Guericke University Magdeburg

Chapter Chapter 6 in Supply Chain Coordination in Case of Asymmetric Information, 2011, pp 147-170 from Springer

Abstract: Abstract This section investigates the impact of information sharing in a behavioral model assuming that a certain fraction of buyers give honest reports, and the supplier reacts to these reports by adjusting his beliefs according to Bayes’ rule. First, Sect. 6.1 briefly summarizes the principal–agent literature assuming that not all agents (here: buyers) use their private information entirely strategically, while showing that this assumption is supported by experimental results. Afterwards, Sect. 6.2 depicts how communication, trust, and trustworthiness can be formalized in the strategic lotsizing framework. Then, Sect. 6.3 evaluates the impact of information sharing assuming that the deceptive buyer gives his signals without considering his actual cost position, while Sect. 6.4 discusses the impact of strategic reporting. Finally, Sect. 6.5 summarizes the results and gives some managerial insights.

Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:spr:lnechp:978-3-642-20132-5_6

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DOI: 10.1007/978-3-642-20132-5_6

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