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On coordination of supply chain based on information asymmetry of effort level and fuzzy market environment
Authors:Xin Xu  Hao Zan
Institution:(1) School of Mathematics Science, Anhui University, Hefei, 230039, P.R.China;(2) School of Physics and Material Science, Anhui University, Hefei, 230601, P.R.China
Abstract:The agent’s private information contributes greatly to a person to make principal decision in the supply of a chain coordination. Therefore, it is a great issue for him to design an effective incentive mechanism in order to get the true information from the agent in his principle making. Assuming that the demand depend upon an agent’s effort level and the fuzzy market condition, the author in this paper researches and analyzes the principle-agent problem under fuzzy information asymmetry condition by using the theory of principal-agent as well as incentive mechanism.
Keywords:Principal-agent theory  Incentive mechanism  Fuzzy information asymmetry  Market demand  Triangular fuzzy number  Lot-sizing order
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