International Journal of Supply Chain Management
Vol 4, No 3 (2015): International Journal of Supply Chain Management (IJSCM)

Supply Chain Collaboration in Tourism: A Transaction Cost Economics Analysis

Pairach Piboonrungroj (Chiang Mai University)
Stephen Michael Disney (Cardiff University)



Article Info

Publish Date
29 Sep 2015

Abstract

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 found 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 cost of quality checking incurs because the firm perceives that its suppliers may behave opportunistically. It is revealed that trust could reduce transaction cost of the tourist operators.

Copyrights © 2015






Journal Info

Abbrev

IJSCM

Publisher

Subject

Decision Sciences, Operations Research & Management Engineering Environmental Science Industrial & Manufacturing Engineering Transportation

Description

International Journal of Supply Chain Management (IJSCM) is a peer-reviewed indexed journal, ISSN: 2050-7399 (Online), 2051-3771 (Print), that publishes original, high quality, supply chain management empirical research that will have a significant impact on SCM theory and practice. Manuscripts ...