Research And Application Of Team Reasoning Model With Trust And Asymmetric Returns

The hypothesis of "rational people" is an important content of traditionaleconomics. However, many economic phenomena cannot be explained by thehypothesis. TR (Team Reasoning) is a kind of game theory which studies thecoexistence of individual rationality and collective rationality.The article focuses on the coexistence of individual rationality and collectiverationality in the game theory, puts forward the architecture of TR mathematical modelof interactive internal-external factors based on the decision free theory, and constructsTR mathematical model in account of trust and return asymmetry through the study ofexisting TR mathematical models. Specific studies are as follows: the definition andmeasure of TR internal factors, the improvement of TR external benefit deviation model,the construction, solution and example verification of TR mathematical modelAnd then, using the constructed TR model, the article reconstructs the traditionalStackelberg model which is the basic tool for supply chain coordination, and theresearch results is applied to the restructure of common wholesale price contract. Thearticle discusses the influence of the parameters of the supply chain including theoverall revenue and trust on the reconstruction of contract. The reconstruction ofcontract has the following characteristics:(1) It increases the benefit of the wholesupply chain;(2) It supposes the individual takes into account collective rationalitybased on individual rationality;(3) It puts the level of trust between enterprises into thecalculation;(4) It gives the probability calculation about the default of contract.Moreover, through series of behavioral experiments and measuring tools, thearticle completes the experimental verification. Conclusion can be drawn as following:(1) The individual rationality and collective rationality exist at the same time inindividual decision;(2) The win-win relationship among the participants will makecollective rationality predominate; otherwise, the competition relationship will makeindividual rationality predominate;(3) The collective income deviation, personalincome deviation and collective fair affect the decision of the participants;(4) The resultof the measure of trust level is reasonable.