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Effort Decision in Cooperative R&D with Moral Hazard

Effort Decision in Cooperative R&D with Moral Hazard

作     者:Chang Tiantian,Li Hua School of Automation &Electrical Engineering,Lanzhou Jiaotong University,Lanzhou 730070 

会议名称:《2009中国控制与决策会议》

会议日期:2009年

学科分类:120202[管理学-企业管理(含:财务管理、市场营销、人力资源管理)] 12[管理学] 1202[管理学-工商管理] 

基  金:Nature Science Foundation of Gansu Province of China under Grant(3ZS042B25039) Science and Technology Plan Projects of LanZhou under Grant(2008-1-2.) 

关 键 词:Moral Hazard Cooperative R&D Principal Agent Maximum Principle 

摘      要:正Cooperative research and development(R&D) is commonly adopted in recent supply chain(SC). The effort level decision of supplier under moral hazard is discussed in this paper and the objective is to find the optimal decision strategy of suppliers in cooperative R&*** maximal principle,the optimal decision strategy has been *** results indicate that,due to moral hazard,the supplier makes more effort but suffers from less profits as the payment for the policy to incite the manufacturer.A numerical example is given to illustrate the strategy.

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