Research on Buy-Back Contract in Supply Chains Based on Mental Accounting Theory
نویسندگان
چکیده
منابع مشابه
Research on Buy-Back Contract in Supply Chains Based on Mental Accounting Theory
Adopting the concept of mental accounting, the paper analyzes loss-aversion retailer’s optimal order quantity under buy-back contract in the two-stage supply chain, and proves the existence and uniqueness of the optimal order quantity. Conclusions show: under the certain degree of loss aversion, there exists a unique repurchase price to achieve supply chain coordination; meanwhile, the system’s...
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Research extending over twenty years in behavioral decision theory has led to the development of two important research streams -mental accounting and reason-based choice. This paper explores recent research on the role of mental accounting and reason-based choice in the construction of consumer preferences. Evidence suggests that the principles of mental accounting often regulate the purchase ...
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We introduce a composite (CP) contract for a two-stage supply chain by organically combining two component contracts: a buy back (BB) contract and a quantity flexibility (QF) contract. The CP contract is shown to have advantages over both component contracts in terms of supply chain coordination, profit allocation, and risk allocation. In particular, we obtain the following results: (a) as long...
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Acknowledgement: We thank the Chief Editor (Professor Asoo J. Vakharia), the Senior Editor, the Associate Editor, and two referees for their invaluable suggestions that helped improve the clarity and quality of this paper. The order of authorship is alphabetical, and the authors contributed equally to the manuscript. ABSTRACT We analyse the effect of equity-based incentives in a supply chain wi...
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ژورنال
عنوان ژورنال: Journal of Service Science and Management
سال: 2016
ISSN: 1940-9893,1940-9907
DOI: 10.4236/jssm.2016.93027