Introduction

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

Chapter Chapter 1 in Supply Chain Coordination in Case of Asymmetric Information, 2011, pp 1-4 from Springer

Abstract: Abstract The research area of supply chain management analyses the interactions of independent firms and provides concepts that can enhance the performance of each supply chain party. However, if the legally independent supply chain members deliberately exploit the supply chain counterpart to enhance own financial ratios, then the implementation of a specific concept is likely to fail, as long as there are no mechanisms avoiding the pitfalls of opportunistic behavior in advance. It is therefore important to develop mechanisms facilitating the implementation of these logistics concepts, even though the supply chain parties pursue individual goals instead of collective supply chain goals.

Keywords: Supply Chain; Private Information; Supply Chain Management; Asymmetric Information; Opportunistic Behavior (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:spr:lnechp:978-3-642-20132-5_1

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DOI: 10.1007/978-3-642-20132-5_1

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