Suppliers-Manufacturers Cooperative Innovation Payment Contract Design
On the model of bilateral Moral Hazard the cooperative product innovation and payment contract design in the supply chain have been studied. The effort of the suppliers and the manufacturers under the Moral Hazard-free condition always exceeds that when the Moral Hazard exists. Meanwhile, in the payment contract design under the Moral Hazard condition, the two involved parties profit transfer is realized through suppliers offering of the interim product price to manufacturers. According to the products observable ultimate market demand, the optimal payment contract design is constructed under the bilateral Moral Hazard from the perspective of suppliers. In the payment contract, the distribution ratio of both parties marginal profit is in ratio to each partys effort.
supply chain payment contract bilateral Moral Hazard cooperative innovation sufficient information
Wu Gang Huang Jun Wu Bing-shan
School of Economics and Business Administration, Southwest University, China School of Economics and School of Economics and Business Administration, Southwest University, China School of Economics and Business Administration,Chongqing University, China
国际会议
The 1st International Conference on Sustainable Construction & Risk Management(首届可持续建设与风险管理国际会议)
重庆
英文
1348-1355
2010-06-12(万方平台首次上网日期,不代表论文的发表时间)