Translated Title
Profit Allocation of Supply Chain Based on Agency Costs
Translated Abstract
To analyze the impact of agency costs caused by asymmetric information on the supply chain profit distribution, the virtual third party is introduced as a selfless principal based on the theory, of principal agent and cooperative game. Then, the supply chain profit distribution is discussed on the of agency costs, The results show that： in order to reduce the adverse selection and the moral hazard, only when the sum of trausfer payments for supplier and retailer is equal to the total expected sales, could they get their expected benefits. Otherwise, the new results might be got through further negotiation on the differential section. Finally, an example is given to il- lustrate the conclusion.
Translated Keyword
agency costs
bilateral asymmetric information
cooperative game
profit allocation
supply chain
Access Number
WF:perioarticalCASS_47722634
