Title :
Evolutionary game analysis on opportunistic behavior of purchasing alliance with Con t ract mechanism
Author :
Xiong Weiqing ; Li Tianbao
Author_Institution :
Inst. of Electron. Commerce & Logistics, Ningbo Univ., Ningbo, China
Abstract :
This paper analyzes the evolutionary process of purchasing alliance members with Contract mechanism. Contract mechanism is divided into complete contract mechanism and incomplete contract mechanism. On the basis of fewer preventive costs and meeting certain relations between cost and income, complete contract mechanism is able to restrain the opportunistic behavior of purchasing alliance members in the following two circumstances: the one is larger compensation coefficient; the other is modest compensation coefficient and good purchasing alliance environment. Incomplete contract mechanism is able to restrain the opportunistic behavior of purchasing alliance members when meeting fewer preventive cost, moderate compensatory coefficient and good purchasing alliance environment.
Keywords :
compensation; costing; evolutionary computation; game theory; purchasing; compensation coefficient; evolutionary game analysis; evolutionary process; incomplete contract mechanism; opportunistic behavior; preventive costs; purchasing alliance environment; purchasing alliance members; Automation; Contracts; Electronic commerce; Electronic mail; Erbium; Games; Intelligent control; Complete contract; Evolutionary Game; Incomplete contract; Opportunistic Behavior; Purchasing Alliance;
Conference_Titel :
Intelligent Control and Automation (WCICA), 2012 10th World Congress on
Conference_Location :
Beijing
Print_ISBN :
978-1-4673-1397-1
DOI :
10.1109/WCICA.2012.6357921