Effects of Fairness Concerns on Supply Chain Coordination and Contract Design
Niu Zhan-wen
Yu Yan-qing
He long-fei
Abstract:Incorporating fairness concerns into supply chain management is an important research direction to behavior operation management .Fairness concerns are divided into altruism preference and egoism pref-erence , and the impact of different fairness concerns on supply chain coordination of wholesale price con -tract and side-payment self-enforcing contract is studied .And it shows that although supply chain cannot coordinate when the retailer seeks altruism , it will help its egoism and make its optimal decision much closer to the system;when the retailer seeks egoism , it will do harm to both its altruism and egoism , get-ting its optimal decision further away from the system .A numerical example is given to verify the effective-ness of the conclusion .What’s more, it also shows that fairness concerns are not related to the coefficients of the side-payment function .
Keywords:wholesale price contractsupply chain coordinationfairness concernsside-payment self-en-forcing contract
Publication Date:2014-01-01
Online Publishing Date:2025-08-15(First online date of this platform, not the publication date of the document)
Pages:7( 63-69 )
