Please use this identifier to cite or link to this item: http://scholarbank.nus.edu.sg/handle/10635/44156
Title: Geometric approach for logistics outsoursing contracting
Authors: Mai, Y.-H.
Teo, C.-P. 
Miao, L.-X.
Xu, Q.
Keywords: Approximate method
Geometric approach
Logistics outsourcing
Optimal incentive contract
Simple incentive contract
Issue Date: 2010
Source: Mai, Y.-H.,Teo, C.-P.,Miao, L.-X.,Xu, Q. (2010). Geometric approach for logistics outsoursing contracting. SCMIS 2010 - Proceedings of 2010 8th International Conference on Supply Chain Management and Information Systems: Logistics Systems and Engineering : -. ScholarBank@NUS Repository.
Abstract: In this paper, we extend our geometric approach to study the optimal logistics outsourcing contract in the problem with more complex distributions. We propose an approximate method to explore the problem, by using piecewise uniform distributions to approximate the original distributions. With appropriate number of cutting, the approximation hardly leads to any deterioration in the solution, showed by three cases. By using this approach, we provide a numerical comparison for the LCSCR contract and nonlinear cost-sharing contract, which shows that the LCSCR contract performs well when the moral hazard dominates the problem. When the adverse selection dominates, the performance of LCSCR contract becomes worse. In contrast, the nonlinear cost sharing contract performance great in most situation.
Source Title: SCMIS 2010 - Proceedings of 2010 8th International Conference on Supply Chain Management and Information Systems: Logistics Systems and Engineering
URI: http://scholarbank.nus.edu.sg/handle/10635/44156
ISBN: 9789623676960
Appears in Collections:Staff Publications

Show full item record
Files in This Item:
There are no files associated with this item.

Page view(s)

67
checked on Dec 16, 2017

Google ScholarTM

Check


Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.