Inter-firm knowledge sharing risk management model based on principal-agent theory in supply chain

2010 ◽  
Author(s):  
Xu-mei Zhang ◽  
Du Zhao ◽  
Na-li Shen ◽  
Rui Wang ◽  
Bin Dan
Keyword(s):  
Risk Management ◽  
Supply Chain ◽  
Knowledge Sharing ◽  
Management Model ◽  
Principal Agent ◽  
Principal Agent Theory ◽  
Agent Theory ◽  
Model Based ◽  
Firm Knowledge

Research of Supply Quality Control and Optimization Under Multi-Period Dynamic Game

2011 ◽  
Vol 2 (1) ◽  
pp. 85-93 ◽  
Author(s):  
Jun Hu ◽  
Yulian Fei ◽  
Ertian Hua
Keyword(s):  
Quality Control ◽  
Supply Chain ◽  
Dynamic Game ◽  
Principal Agent ◽  
Principal Agent Theory ◽  
Industrial Practice ◽  
Agent Theory ◽  
Control Quality ◽  
Single Period

To control quality in supply chain, this paper presents multi-period, dynamic game models in principal-agent theory, which are opposite to static, single period game models. The research comes from industrial practice and the conclusions are more operational and feasible in theory. Finally, the research is applied into two famous companies in different industries and shows good effectiveness.

scholarly journals Incentive Contract in Supply Chain with Asymmetric Information

2014 ◽  
Vol 2014 ◽  
pp. 1-6 ◽  
Author(s):  
Yingsheng Su ◽  
Hongmei Guo ◽  
Xianyu Wang
Keyword(s):  
Supply Chain ◽  
Asymmetric Information ◽  
Information Asymmetry ◽  
Principal Agent ◽  
Incentive Contract ◽  
Principal Agent Theory ◽  
Agent Theory ◽  
Hide Information ◽  
Technology Level ◽  
Theory Of Regulation

The supply chain always appears inefficient because of the different targets of members and information asymmetry, especially when upstream enterprises not only hide information about their effort levels, but also hide information about their technology level. The paper uses principal-agent theory and the theory of regulation to design the contract to realize the maximization of principal's profit on the condition that the contract satisfies the participant and incentive conditions of agent. As a result, it is obvious that the contract achieves the goal of control. In addition, it also can be concluded that the amount of rent that the manufacturer can obtain is up to the value of his information and the condition of his resource.

scholarly journals Motivation System of Crowdsourcing Community from a Supply Chain Perspective

2016 ◽  
Vol 2016 ◽  
pp. 1-8
Author(s):  
Jiangang Pang ◽  
Zhiying Liu
Keyword(s):  
Supply Chain ◽  
Expected Utility ◽  
Principal Agent ◽  
Compensation Scheme ◽  
High Quality ◽  
Principal Agent Theory ◽  
Agent Theory ◽  
Motivation System ◽  
Innovative System

This paper uses principal-agent theory to study the issue of incentivizing crowdsourcing communities. It proves that enterprises can generate innovation plans of high quality and expected utility using the crowdsourcing community. Outsourcers can encourage high-quality people to join by adopting a linear variable compensation scheme and make the low-quality people quit by requiring them to supply more effort. The paper also shows that enterprises’ participation in crowdsourcing community innovation can effectively improve their innovative ability and that it is necessary for enterprises to construct an effective and cooperative innovative system combining crowdsourcing community innovation and their own internal innovation.

Research of Supply Quality Control and Optimization Under Multi-Period Dynamic Game

2013 ◽  
pp. 10-18
Author(s):  
Jun Hu ◽  
Yulian Fei ◽  
Ertian Hua
Keyword(s):  
Quality Control ◽  
Supply Chain ◽  
Dynamic Game ◽  
Principal Agent ◽  
Principal Agent Theory ◽  
Industrial Practice ◽  
Agent Theory ◽  
Control Quality ◽  
Single Period

To control quality in supply chain, this paper presents multi-period, dynamic game models in principal-agent theory, which are opposite to static, single period game models. The research comes from industrial practice and the conclusions are more operational and feasible in theory. Finally, the research is applied into two famous companies in different industries and shows good effectiveness.

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