Hidden Information Model of Risk Management for Virtual Enterprises Based on Distributed Decision-Making

摘要：

In view of the virtual enterprises’ characteristics, such as the diversity of partners and distribution of cooperative regions, the idea of Distributed Decision-Making(DDM) is applied to the management of the virtual enterprises’ risks. The principal agent problem is discussed between the leaders and partners on risk management. The disadvantageous effects on leaders are pointed out for hidden information after contracting. The risk management model of moral hazard with hidden information (DDM) is developed for those virtual enterprises which are in relation non-team and may exploit their information in an opportunistic way. The inconsistency in the decision-making between leaders and partners is solved for asymmetric information. The enumerate algorithm and Lingo software are used to do the simulation.

关键词： Virtual Enterprise Risk Management Distributed Decision-making Principal Agent Moral Hazard Hidden Information

作者: Xianli Sun Min Huang Xingwei Wang

作者单位: College of Information Science and Engineering, Northeastern University, Shenyang, 110004 Key Labora College of Information Science and Engineering, Northeastern University, Shenyang, 110004 Key Labora College of Information Science and Engineering, Northeastern University, Shenyang, 110004

会议类型: 国际会议

会议名称: The 22nd China Control and Decision Conference(2010年中国控制与决策会议)

会议地点: 徐州

会议语种:英文

页码: 1603-1607

在线出版日期: 2010-05-26（万方平台首次上网日期，不代表论文的发表时间）