Based on principal — agent theory and methods, the problem for the principal how to incite the third-party logistics to do his best to decrease the logistics cost under information asymmetry has been discussed in the paper. Generally, the principal can not learn about the work of the agent for cost reduction due to information asymmetry, it has been presented that the principal may determine a contract base number according to his own requirements and quote by the third Party on logistics, and establish the model of maximizing the principal's expected service utility on condition that constriction of individual rationality and that of incentive compatibility constraint for the third party are satisfied, in which the reward factor and the penalty factor are used as dominant decision-making factor.


    Access

    Check access

    Check availability in my library

    Order at Subito €


    Export, share and cite



    Title :

    Analysis on Cost Control Model for Outsourcing Logistics for Enterprises under Information Asymmetry


    Contributors:
    Gong, Zhiguo (author) / Peng, Qiyuan (author)

    Conference:

    Second International Conference on Transportation Engineering ; 2009 ; Southwest Jiaotong University, Chengdu, China



    Publication date :

    2009-07-29




    Type of media :

    Conference paper


    Type of material :

    Electronic Resource


    Language :

    English




    Analysis on Cost Control Model for Outsourcing Logistics for Enterprises under Information Asymmetry

    Gong, Z. / Peng, Q. / China Communications and Transportation Association; Transportation & Development Institute (American Society of Civil Engineers) | British Library Conference Proceedings | 2009


    Optimal Pricing Model for Monopoly Third Party Logistics Enterprises under Information Asymmetry

    Qin, J. / Zhang, J. / China Communications and Transportation Association; Transportation & Development Institute (American Society of Civil Engineers) | British Library Conference Proceedings | 2009



    Research on Cost Control in Logistics Enterprises

    Jian, L. / Li, D. | British Library Conference Proceedings | 2009


    Research on Cost Control in Logistics Enterprises

    Jian, Lingxiang / Li, Dongbing | ASCE | 2009