Supply Chain Contracts in the Context of Asymmetric Information: a Literature Review

Abstract

Contracts are vital and available to coordinate supply chain. This paper is a literature review of supply chain contracts facing asymmetric information. We use descriptive analysis and bibliometrics to analyze research articles from 2003 to 2018. We defined and classified asymmetric Information and supply chain contracts to reveal the research trends. Finally, we implement content analysis according to rules set before. We found that: (1) empirical and experimental researches are needed; (2) hybrid contracts will be popular;(3) researchers will introduce factors of preferences, such as risk aversion and fairness preference, to adapt to the changing service market environment.