Titlebook: Supply Chain Coordination in Case of Asymmetric Information; Information Sharing Guido Voigt Book 2011 Springer-Verlag Berlin Heidelberg 2

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Introduction,each supply chain party. However, if the legally independent supply chain members deliberately exploit the supply chain counterpart to enhance own financial ratios, then the implementation of a specific concept is likely to fail, as long as there are no mechanisms avoiding the pitfalls of opportunis

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Conclusion and Outlook,.1 gave a brief and general introduction into principal–agent models under asymmetric information. These models were classified into moral hazard and adverse selection problem. Afterwards, one approach to solve adverse selection problems, namely screening contracts, was discussed in a strategic lots

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The Impact of Information Sharing on the Effectiveness of Screening Contracts: A First Laboratory Ef the buyers’ reports as well as the consistency between reports and contact choices. Afterwards, Sect.?4.6 shows the impact of the before-mentioned results on the overall supply chain performance. Finally, Sect.?4.7 summarizes the results and gives some managerial insights.

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0075-8442 ion sharing strategies.Setup cost reduction in case of asymmInformation sharing is frequently promoted as a mean to improve the supply chain performance. This work shows the results of behavioral experiments, in which the participants share private information in order to influence the contract term