With the rise of the platform economy over the past decade, numerous online retailers have switched from the traditional wholesale model to the agency model. In the agency model, the suppliers, rather than the retailers, control the pricing decisions, and they share a proportion of the revenue...

Procurement auctions are widely used to solicit bids for custom items suchas services, construction projects, public infrastructure, and more. Such auctions involve significant risk because the idiosyncratic nature of the purchases means that delivered quality is uncertain. We examine the case...

In today's increasingly interconnected world, co-opetition has emerged as a new business practice among the technology firms. The boundaries between cooperation and competition have been becoming vague, where rivals engage in collaborative activities. One of the most critical challenges facing...

In today’s highly competitive business environment, a growing number of platforms are opening their technologies. This leads us to wonder whether sharing one’s proprietary technology is altruism or a shrewd business move. In this paper, we study the incentive of why firms share their...

With the rise of the Internet economy, an increasing number of firms are offering their core products through online platforms, but retail add-ons directly to consumers. Meanwhile, many online platforms have also started adopting the agency (model) contract, where the upstream firms decide the...