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Content Provider | IEEE Xplore Digital Library |
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Author | Li Xiang Sun Guohua Li Yongjian Cai Xiaoqiang |
Copyright Year | 2008 |
Description | Author affiliation: Dept. of Autom., Nankai Univ., Tianjin (Li Xiang) || Logistics Inst., Shandong Univ., Jinan (Sun Guohua) || Dept. of Syst. Eng.&Eng. Manage., Chinese Univ. of Hong Kong, Hong Kong (Cai Xiaoqiang) || Bus. Sch., Nankai Univ., Tianjin (Li Yongjian) |
Abstract | In this paper, we develop a supply chain model to study the contract design problem for a remanufacturer who delegates the collection of used products to a collector and the collectorpsilas cost is a private information which is opaque to the remanufacturer. We apply the incentive theory to this model and characterize the optimal contract. We find that the contracts are quite different with different values of two system parameters: the probability that the collector is of high efficiency and the salvage value of the end-of-life product not to be remanufactured. The information rent and the value of cost information for the remanufacturer are also studied in different cases and managerial insights are explored. |
Starting Page | 63 |
Ending Page | 68 |
File Size | 401304 |
Page Count | 6 |
File Format | |
ISBN | 9781424416738 |
DOI | 10.1109/ICCIS.2008.4670848 |
Language | English |
Publisher | Institute of Electrical and Electronics Engineers, Inc. (IEEE) |
Publisher Date | 2008-09-21 |
Publisher Place | China |
Access Restriction | Subscribed |
Rights Holder | Institute of Electrical and Electronics Engineers, Inc. (IEEE) |
Subject Keyword | Supply chains Costs Contracts Reverse logistics Sun Automation Design engineering Systems engineering and theory Research and development management Game theory Information asymmetry Principal-agent model |
Content Type | Text |
Resource Type | Article |
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