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Chinese Journal of Management Science ›› 2002, Vol. ›› Issue (3): 43-46.

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Specific Investment of Supplier in Buyer-Supplier Relationship

ZHANG Heng, HUANG Pei-qing, ZHANG Cun-lu   

  1. School of Management, Shanghai Jiaotong University, Shanghai 200030, China
  • Received:2001-08-02 Online:2002-06-28 Published:2012-03-06

Abstract: Supply relationship management is becoming more and more important.There must be specific investment in long-term relationship.Based on principal-agent model,this paper is focusing on supply-relationship problem.It argues that with asymmetric information,the level of specific investment is positive affected by dyadic utilities.

Key words: supply relationship, specific investment, principal-agent model

CLC Number: