Supply Chain Quality, Mandatory Insurance, and Recall Risk
If a supplier shirks on quality, the end manufacturer risks a product recall. The manufacturer can offer a contract stipulating harsh penalties in this event. Mandatory insurance may be required if the supplier cannot be compelled to pay the penalty.
Volume (Year): 11 (2012)
Issue (Month): 1 (June)
|Contact details of provider:|| Postal: |
Web page: http://www.ijbe.org/
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Richard Arnott & Joseph Stiglitz, 1991. "Equilibrium in Competitive Insurance Markets with Moral Hazard," NBER Working Papers 3588, National Bureau of Economic Research, Inc.
- Diamond, P.A., 1997.
"Integrating Punishment and Efficiency Concerns in Punitive Damages for Reckless Disregard of Risks to Others,"
97-19, Massachusetts Institute of Technology (MIT), Department of Economics.
- Peter Diamond, 2002. "Integrating Punishment and Efficiency Concerns in Punitive Damages for Reckless Disregard of Risks to Others," Journal of Law, Economics and Organization, Oxford University Press, vol. 18(1), pages 117-139, April.
- George Tagaras & Hau L. Lee, 1996. "Economic Models for Vendor Evaluation with Quality Cost Analysis," Management Science, INFORMS, vol. 42(11), pages 1531-1543, November.
- Reyniers, Diane J. & Tapiero, Charles S., 1995. "Contract design and the control of quality in a conflictual environment," European Journal of Operational Research, Elsevier, vol. 82(2), pages 373-382, April.
When requesting a correction, please mention this item's handle: RePEc:ijb:journl:v:11:y:2012:i:1:p:1-11. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Yi-Ju Su)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.