期刊
COMPUTERS & INDUSTRIAL ENGINEERING
卷 83, 期 -, 页码 264-272出版社
PERGAMON-ELSEVIER SCIENCE LTD
DOI: 10.1016/j.cie.2015.02.020
关键词
Contract; Price rebate; Effort; Incomplete information
资金
- Natural Science Foundation of China [71271151, 71471126, 71472133, 71301114]
- Social Science Foundation of China [12BGL002]
- Humanity and Social Science Foundation of Ministry of Education, China [12YJAZH135]
- Research Fund for the Specialized Research Fund for the Doctoral Program of Higher Education [20130032110015, 201200320071]
This paper considers a supply chain contract design problem, in which a buyer purchases a batch of products from a supplier and then sells it to consumers. The product quality with a continuous type is the supplier's private information and cannot be observed by the buyer. Furthermore, three strategies, named inspection, price rebate and effort, are simultaneously employed in the contract so as. to incentivize the supplier to improve his product quality. An inspection-based price rebate and effort contract model is developed with the purpose of maximizing the buyer's expected payoff. The optimal solution demonstrates that the second-best inspection ratio is the same as the first-best one. With respect to the supplier's optimal effort level, if the supplier's effort level and his product quality are substitutable, then his second-best effort level will be larger than the first-best one, while in the case of complement, it is smaller than the first-best level. (c) 2015 Elsevier Ltd. All rights reserved.
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