Supply chain collaboration in tourism: A transaction cost economics analysis
© ExcelingTech Pub, UK. This paper explores inter-firm collaboration in a tourism supply chain via transaction cost economics using a single case-study method. We focus on supply chain collaboration between a hotel and its food and beverage suppliers. The transaction costs were found to consist of t...
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th-cmuir.6653943832-542302018-09-04T10:13:22Z Supply chain collaboration in tourism: A transaction cost economics analysis Pairach Piboonrungroj Stephen M. Disney Business, Management and Accounting Computer Science Decision Sciences © ExcelingTech Pub, UK. This paper explores inter-firm collaboration in a tourism supply chain via transaction cost economics using a single case-study method. We focus on supply chain collaboration between a hotel and its food and beverage suppliers. The transaction costs were found to consist of the search cost and cost of quality checking. Search cost exists due to bounded rationality of the firm. This is influenced by asymmetric information. The quality assurance cost is incurred because the firm perceives that its suppliers may behave opportunistically. We reveal that trust could reduce transaction cost of the tourist operators. The main contribution of this paper is to explain phenomenon in the supply chain collaboration through the lens of transaction costs economics. 2018-09-04T10:09:49Z 2018-09-04T10:09:49Z 2015-01-01 Journal 20507399 20513771 2-s2.0-84949790154 https://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=84949790154&origin=inward http://cmuir.cmu.ac.th/jspui/handle/6653943832/54230 |
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Business, Management and Accounting Computer Science Decision Sciences Pairach Piboonrungroj Stephen M. Disney Supply chain collaboration in tourism: A transaction cost economics analysis |
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© ExcelingTech Pub, UK. This paper explores inter-firm collaboration in a tourism supply chain via transaction cost economics using a single case-study method. We focus on supply chain collaboration between a hotel and its food and beverage suppliers. The transaction costs were found to consist of the search cost and cost of quality checking. Search cost exists due to bounded rationality of the firm. This is influenced by asymmetric information. The quality assurance cost is incurred because the firm perceives that its suppliers may behave opportunistically. We reveal that trust could reduce transaction cost of the tourist operators. The main contribution of this paper is to explain phenomenon in the supply chain collaboration through the lens of transaction costs economics. |
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Pairach Piboonrungroj Stephen M. Disney |
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Pairach Piboonrungroj Stephen M. Disney |
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Pairach Piboonrungroj |
title |
Supply chain collaboration in tourism: A transaction cost economics analysis |
title_short |
Supply chain collaboration in tourism: A transaction cost economics analysis |
title_full |
Supply chain collaboration in tourism: A transaction cost economics analysis |
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Supply chain collaboration in tourism: A transaction cost economics analysis |
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Supply chain collaboration in tourism: A transaction cost economics analysis |
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supply chain collaboration in tourism: a transaction cost economics analysis |
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2018 |
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https://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=84949790154&origin=inward http://cmuir.cmu.ac.th/jspui/handle/6653943832/54230 |
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