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Linear-contract Mechanisms Based on the Risk Preference of an Agent in a Supply Chain

国际设备工程与管理(英文版)2007,Vol.12Issue(3):148-153,6.
国际设备工程与管理(英文版)2007,Vol.12Issue(3):148-153,6.

Linear-contract Mechanisms Based on the Risk Preference of an Agent in a Supply Chain

Linear-contract Mechanisms Based on the Risk Preference of an Agent in a Supply Chain

1

作者信息

  • 1. College of Automation, Northwestern Polytechnical University, Xi'an 710072, P.R.China;College of Automation, Northwestern Polytechnical University, Xi'an 710072, P.R.China;College of Automation, Northwestern Polytechnical University, Xi'an 710072, P.R.China
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摘要

Abstract

With respect to different risk preference of an agent in a supply chain, linear-contract models are designed according to the principal-agent theory. The study shows that the risk preference of an agent directly correlates with the incentive compensation coefficient of principal, order quantity of principal and production capability level of the agent. The principal should offer an appropriate incentive contract according to the risk preference of the agent, or choose an agent holding a different risk preference to establish the supply chain.

关键词

supply chain, risk preference, linear-contract, principal-agent theory

Key words

supply chain, risk preference, linear-contract, principal-agent theory

分类

建筑与水利

引用本文复制引用

..Linear-contract Mechanisms Based on the Risk Preference of an Agent in a Supply Chain[J].国际设备工程与管理(英文版),2007,12(3):148-153,6.

基金项目

The paper is supported by National Natural Science Foundation of China under Grant No.60372085,60404011 and the Youth Foundation of Northwestern Polytechnical University. ()

国际设备工程与管理(英文版)

1007-4546

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