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Introduction

In: Supply Chain Coordination in Case of Asymmetric Information

Author

Listed:
  • Guido Voigt

    (Otto-von-Guericke University Magdeburg)

Abstract

The research area of supply chain management analyses the interactions of independent firms and provides concepts that can enhance the performance of each supply chain party. However, if the legally independent supply chain members deliberately exploit the supply chain counterpart to enhance own financial ratios, then the implementation of a specific concept is likely to fail, as long as there are no mechanisms avoiding the pitfalls of opportunistic behavior in advance. It is therefore important to develop mechanisms facilitating the implementation of these logistics concepts, even though the supply chain parties pursue individual goals instead of collective supply chain goals.

Suggested Citation

  • Guido Voigt, 2011. "Introduction," Lecture Notes in Economics and Mathematical Systems, in: Supply Chain Coordination in Case of Asymmetric Information, chapter 0, pages 1-4, Springer.
    • Handle: RePEc:spr:lnechp:978-3-642-20132-5_1
    DOI: 10.1007/978-3-642-20132-5_1
    as

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