Supply Chain Equilibrium under Asymmetric Information Based on Information Transparency Model

Xin Ma

doi:10.4028/www.scientific.net/AMR.143-144.1041

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HomeAdvanced Materials ResearchAdvanced Materials Research Vols. 143-144Supply Chain Equilibrium under Asymmetric...

Supply Chain Equilibrium under Asymmetric Information Based on Information Transparency Model

Abstract:

In a supply chain, different companies have different, even conflicting goals and make decisions based on their own profit, so the asymmetric information can be found everywhere. The informed party may withhold or convey wrong information, and the uniformed party wants to get it or verify it. The screening and signaling increase contract cost and decreases supply chain efficiency. Hence, the asymmetric information is the main cause which leads to non-coordination. The information transparency model is built to analysis the game process among the players in the supply chain under the asymmetric information, and the condition of supply chain equilibrium is also discussed in this paper.

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Periodical:

Advanced Materials Research (Volumes 143-144)

Pages:

1041-1045

DOI:

https://doi.org/10.4028/www.scientific.net/AMR.143-144.1041

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Online since:

October 2010

Authors:

Xin Ma

Keywords:

Asymmetric Information, Information Transparency, Supply Chain Management (SCM)

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