The Prevention of the Adverse Selection in Supply Chain based on Principal-agent Theory
The reason of the adverse selection has been discussed in this paper firstly.And based on a review of the research on the prevention of adverse selection in supply chain,the author attempts to build a systematic prevention model for this problem.As a result of this attempt,the third party which plays an important role in principal-agent framework is brought forward to improve the model.The adverse selection in supply chain can be prevented from the principal,the agent and the third party.Furthermore,the concrete measures from different perspectives are also suggested in this paper.
Adverse selection Principal-agent The third party Supply chain
WANG Ying DENG Xuefeng
School of Management,China University of Mining and Technology(Beijing),P.R.China,100083 School of Management,China University of Mining and Technology (Beijing),P.R.China,100083
国际会议
2007 International Conference on Management Science and Engineering(2007管理科学与工程国际学术会议)
河南焦作
英文
2127-2131
2007-08-20(万方平台首次上网日期,不代表论文的发表时间)