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» Trust-based contracting in supply chains
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ICCCI
2009
Springer
13 years 10 months ago
A Multi-agent Model of Deceit and Trust in Intercultural Trade
Trust is a sine qua non for trade. According to transaction cost economics, a contract always offers some opportunity to defect. In the case of asymmetric product information, wher...
Gert Jan Hofstede, Catholijn M. Jonker, Tim Verwaa...
HICSS
2003
IEEE
138views Biometrics» more  HICSS 2003»
13 years 11 months ago
A Single Buyer-Single Supplier Bargaining Problem with Asymmetric Information - Theoretical Approach and Software Implementation
This paper is focused on the coordination of order and production policy between buyers and suppliers in supply chains. When a buyer and a supplier of an item work independently, ...
Eric Sucky
MANSCI
2006
104views more  MANSCI 2006»
13 years 5 months ago
Procuring Fast Delivery: Sole Sourcing with Information Asymmetry
This paper studies a queuing model in which a buyer sources a good or service from an single supplier chosen from a pool of suppliers. The buyer seeks to minimize the sum of her p...
Gérard P. Cachon, Fuqiang Zhang