STUDY ON FORMATION AND EVOLUTION OF TRUST BETWEEN SUPPLY CHAIN MEMBERS

SHI Kuiran, MA Hujie, XIAO Tiaojun

Journal of Systems Science and Mathematical Sciences ›› 2011, Vol. 31 ›› Issue (11) : 1386-1394.

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Journal of Systems Science and Mathematical Sciences ›› 2011, Vol. 31 ›› Issue (11) : 1386-1394. DOI: 10.12341/jssms11734

STUDY ON FORMATION AND EVOLUTION OF TRUST BETWEEN SUPPLY CHAIN MEMBERS

  • SHI Kuiran1 , MA Hujie1 , XIAO Tiaojun2
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Abstract

Trust is the foundation of supply chain members' cooperation and the key factor for supply chain operating effectively. The trust evaluation model  is presented in this paper, then the important factors influencing evolution of the trust  relationship and the stability of the cooperative relationship are analyzed.
  The results show that it needs to establish tracking mechanism of the transaction records.   Furthermore, trust between supply chain members is the result of evolutionary game.   The system can evolve to the high trust equilibrium by increasing the expected high trust profits,   decreasing the cost of high trust, establishing fair and effective benefits and risk allocation mechanism and attaching more intention to the cooperation.

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SHI Kuiran, MA Hujie, XIAO Tiaojun. STUDY ON FORMATION AND EVOLUTION OF TRUST BETWEEN SUPPLY CHAIN MEMBERS. Journal of Systems Science and Mathematical Sciences, 2011, 31(11): 1386-1394 https://doi.org/10.12341/jssms11734
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