Supplier's fairness concern regarding order allocation in a supply chain: an experimental examination of multifactor influence. (29th July 2020)
- Record Type:
- Journal Article
- Title:
- Supplier's fairness concern regarding order allocation in a supply chain: an experimental examination of multifactor influence. (29th July 2020)
- Main Title:
- Supplier's fairness concern regarding order allocation in a supply chain: an experimental examination of multifactor influence
- Authors:
- Long, Shangsong
Wu, Runze
Liu, Weihua
Wang, Meili - Abstract:
- In order to determine whether the supplier's fairness concern changes with different mechanisms in the order allocation of the supply chain, this paper uses multi-method to explore and verify the theoretical findings. Firstly, this paper presents order allocation game models including two suppliers with fairness concern and one retailer without such concern. The paper considers two scenarios: simultaneous bidding and sequential bidding. We find that different bidding mechanisms cause different levels of inequity aversion, and simultaneous bidding is a better choice for the retailer in terms of higher utility. Secondly, this article designs a behaviour experiment to explore the differences between practice and theory from a statistical perspective. Interestingly, the behavioural experiment has found huge differences between behavioural factors that are not reflected in theoretical models. Inequity aversion behaviours are only influenced by bidding sequence; they are not influenced by gender difference, risk concerns, or emotional diversity.
- Is Part Of:
- International journal of modelling in operations management. Volume 8:Number 1(2020)
- Journal:
- International journal of modelling in operations management
- Issue:
- Volume 8:Number 1(2020)
- Issue Display:
- Volume 8, Issue 1 (2020)
- Year:
- 2020
- Volume:
- 8
- Issue:
- 1
- Issue Sort Value:
- 2020-0008-0001-0000
- Page Start:
- 75
- Page End:
- 126
- Publication Date:
- 2020-07-29
- Subjects:
- order allocation -- inequity aversion -- bidding mechanism -- behavioural experiment -- supply chain management
Industrial management -- Mathematical models -- Periodicals
658.50072 - Journal URLs:
- http://www.inderscience.com/browse/index.php?journalCODE=ijmom ↗
http://www.inderscience.com/ ↗ - Languages:
- English
- ISSNs:
- 2042-4094
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - BLDSS-3PM
British Library STI - ELD Digital store - Ingest File:
- 13474.xml