Decentralized mechanism design for supply chain organizations using an auction market

• 成果类型: Article
• 署名作者: Fan, M; Stallaert, J; Whinston, AB
• 署名单位: University of Washington; University of Washington Seattle; University of Connecticut; University of Texas System; University of Texas Austin
• 刊物名称: INFORMATION SYSTEMS RESEARCH
• ISSN/ISSBN: 1047-7047
• DOI: 10.1287/isre.14.1.1.14763
• 发表日期: 2003
• 页码: 1-22
• 关键词: information-technology; management; COORDINATION; groupware; STABILITY

摘要

Traditional development of large-scale information systems is based on centralized information processing and decision making. With increasing competition, shorter product life-cycle, and growing uncertainties in the marketplace, centralized systems are inadequate in processing information that grows at an explosive rate and are unable to make quick responses to real-world situations. Introducing a decentralized information system in an organization is a challenging task. It is often intertwined with other organizational processes. The goal of this research is to outline a new approach in developing a supply chain information system with a decentralized decision making process. Particularly, we study the incentive structure in the decentralized organization and design a market-based coordination system that is incentive aligned, i.e., it gives the participants the incentives to act in a manner that is beneficial to the overall system. We also prove that the system monotonically improves the overall organizational performance and is goal congruent.