Incentive Contract in Supply Chain with Asymmetric Information

The supply chain always appears inefficient because of the different targets of members and information asymmetry, especially when upstream enterprises not only hide information about their effort levels, but also hide information about their technology level. The paper uses principal-agent theory a...

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Bibliographic Details
Main Authors: Yingsheng Su, Hongmei Guo, Xianyu Wang
Format: Article
Language:English
Published: Hindawi Limited 2014-01-01
Series:Discrete Dynamics in Nature and Society
Online Access:http://dx.doi.org/10.1155/2014/380142