Supply Chain Coordination Under Asymmetric Information

摘要

The problem of coordination of the supply chain under asymmetric information is studied. When the retailer holds some private information, this paper uses principle-agent models to derive the supplier's optimal policy. It shows that all kinds of contracts aiming at coordination under symmetric information can not coordinate the supply chain under asymmetric information. The presence of both the incentive conflicts and the information asymmetries combined destroys the coordination of the supply chain, leading to inefficient supply chain performance.