The Effect of Communication Media on Information Sharing in Supply Chains
成果类型:
Article
署名作者:
Johnsen, Lennart C.; Voigt, Guido; Weimann, Joachim
署名单位:
University of Kiel; University of Hamburg
刊物名称:
PRODUCTION AND OPERATIONS MANAGEMENT
ISSN/ISSBN:
1059-1478
DOI:
10.1111/poms.13134
发表日期:
2020
页码:
705-724
关键词:
Asymmetric information
cheap talk
trust
trustworthiness
Behavioral operations management
摘要:
Using laboratory experiments, we study how communication media affect cooperation in a supply chain when the buyer has private information about the end-customer demand. We show that coordinating contracts (quantity discount) combined with efficient means to electronically share private information (one-way, pre-defined text message) result in almost efficient outcomes, but only if verbal communication takes place before the actual contracting stage. Content analysis shows that verbal communication is especially effective in establishing trust and trustworthiness when players talk about reciprocal strategies and it is more so when the buyer clearly expresses guilt from lying. Furthermore, the clarification of the mutual benefits of information sharing moves the buyer to truthfulness. Finally, we show that our results are not due to a reputation building mechanism of repeated interaction.