Capability-option contract model under asymmetric information and risk adverse buyer

doi:10.3778/j.issn.1002-8331.2009.33.066

Computer Engineering and Applications ›› 2009, Vol. 45 ›› Issue (33): 209-212.DOI: 10.3778/j.issn.1002-8331.2009.33.066

• 工程与应用 • Previous Articles Next Articles

Capability-option contract model under asymmetric information and risk adverse buyer

CUI Ai-ping¹，LIU Wei²，ZHANG Xu²

1.School of Business Administration，Jiangxi University of Finance and Economics，Nanchang 330013，China
2.School of Transport & Communication，Shanghai Maritime University，Shanghai 200135，China

Received:2008-06-27 Revised:2009-10-21 Online:2009-11-21 Published:2009-11-21
Contact: CUI Ai-ping

不对称信息和风险规避下的能力期权契约模型

崔爱平¹，刘伟²，张旭²

1.江西财经大学工商管理学院，南昌 330013
2.上海海事大学交通运输学院，上海 200135

通讯作者: 崔爱平

Abstract

Abstract: A capability-option contract is proposed as a coordination mechanism to solve logistics capability reservation and investment decision problem in Logistics Service Supply Chain（LSSC）.Two-constraint programming model is established under the circumstance characterized by asymmetric cost information and risk adverse party coexisting，and the optimal contract based on Logistics Service Integrator（LSI）-led Stackelberg game is designed through optimization method.Results show that not only Logistics Service Subcontractor（LSS）’s true cost information can be revealed，but also LSI’s demand risk can be controlled effectively through capability-option contract given by LSI as buyer.Thus it can achieve a Pareto improvement subject to two constraints given above.However，the improvement efficiency depends on the anti-risk capability of LSI.Furthermore，a numerical simulation analysis is given to verify the validity of capability-option contract.

Key words: logistics service supply chain, logistics capability, capability-option contract, supply chain coordination, asymmetric information, risk adverse party

摘要： 针对物流服务供应链中物流能力订购与投资决策问题提出一种基于能力期权契约的协调机制，建立不对称成本信息和存在风险规避者情形下的双效规划模型，并通过优化方法研究Stackelberg主从博弈结构下的最优契约设计。研究结果表明：物流集成商提供的能力期权契约既能揭示物流分包商的真实成本信息，又能使自身有效规避市场风险，从而实现物流服务供应链效率的Pareto改进，但其效果取决于集成商抵抗市场风险的能力。进一步通过仿真算例说明了该能力期权契约的有效性。

关键词: 物流服务供应链, 物流能力, 能力期权契约, 供应链协调, 不对称信息, 风险规避者

CLC Number:

CUI Ai-ping¹，LIU Wei²，ZHANG Xu². Capability-option contract model under asymmetric information and risk adverse buyer[J]. Computer Engineering and Applications, 2009, 45(33): 209-212.

崔爱平¹，刘伟²，张旭². 不对称信息和风险规避下的能力期权契约模型[J]. 计算机工程与应用, 2009, 45(33): 209-212.

[1]	ZHANG Fang, WU Jie, YANG Yue. Emission Reduction and Coordination Decision in Cold Chain Logistics Service Supply Chain Considering Risk Aversion [J]. Computer Engineering and Applications, 2021, 57(24): 259-267.
[2]	CHEN Zhi, SUN Yaqi, LI Ping, SHAN Miyuan. Order and Coordination of Supply Chain Considering Loss Aversion and Anchoring Psychology [J]. Computer Engineering and Applications, 2021, 57(16): 245-252.
[3]	KANG Kai, GAO Siying, MU Xiuqing. VMI Supply Chain Coordination Strategy with Supplier’s Capital Constraint [J]. Computer Engineering and Applications, 2020, 56(14): 264-271.
[4]	YAN Nannan, LI Sen. Coordination on Three-Level Supply Chain Combined Contract Under Disruption [J]. Computer Engineering and Applications, 2019, 55(9): 248-252.
[5]	BAI Shizhen, TAO Yanghong. Research on Supply Chain Coordination Considering Credit Payment Promotion of E-Commerce [J]. Computer Engineering and Applications, 2019, 55(7): 253-258.
[6]	GAO Gengjun, SHANG Keyang. Research on Asymmetric Information Supply Chain Coordination Under Capital Constraint [J]. Computer Engineering and Applications, 2019, 55(15): 241-249.
[7]	LIANG Xi, FU Jianxun, FANG Zhao. Research on strategic inventory coordination model in supply chain based on manufacturer promotions [J]. Computer Engineering and Applications, 2017, 53(23): 241-249.
[8]	ZHANG Guangsheng1, 2, LIU Wei1. Vulnerability measurement research of complex network of logistics service supply chain [J]. Computer Engineering and Applications, 2017, 53(19): 224-230.
[9]	CHEN Xiang, GONG Bengang, HU Chaozhong. FTA model of reliability diagnostic for logistics services supply chain and its application [J]. Computer Engineering and Applications, 2012, 48(29): 243-248.
[10]	NI Lin1，WANG Weixin2. Research on performance evaluation in logistics service supply chain based on gray analytic hierarchy process [J]. Computer Engineering and Applications, 2011, 47(32): 236-238.
[11]	,,,. Supply Chain Coordination under E-Commerce: A Literature Review [J]. Computer Engineering and Applications, 2006, 42(27期): 12-.

Capability-option contract model under asymmetric information and risk adverse buyer

不对称信息和风险规避下的能力期权契约模型

PDF

Knowledge

Abstract

Cite this article

share this article

References

Related Articles 11

Recommended Articles

Metrics