Seminar Series

2024 - 2025

Speaker: Huseyin Gurkan (ESMT Berlin).

Title: “The value of information design in supply chain management ”.

joint with Ozan Candogan (U of Chicago – Booth SB) 

Date: Thursday, 19 December at 12h30 (Paris Time).

Abstract: This paper studies an information design problem of a retailer in a two-tier supply chain that procures a single type of product from a supplier. The supplier needs to decide on a production quantity by balancing the shortage cost and the excess inventory holding cost with respect to the retailer’s demand. The retailer’s demand is random but the retailer receives an informative signal about the demand before the supplier sets the production quantity, and places orders after learning the demand realization. The retailer wants to reduce the shortage cost, and to this end she can disclose information about her signal to persuade the supplier to increase production levels. For this setup, we characterize the optimal information disclosure policy of the retailer, and shed light on settings where the retailer strictly benefits from carefully designed information disclosure policies relative to a full- or a no-disclosure policy.

Here is a link to the speaker’s and the FEELab website:

https://sites.google.com/view/gurkan/home

https://sites.google.com/view/feelabtbs/

You are cordially invited to participate in the following seminar of the FEELab, which will take place in Room 321, Lascrosses building.

For more information, please contact: Pierre Mella-Barral p.mella-barral@tbs-education.fr