Seshadri, Sudhindra - In: Management Science 41 (1995) 4, pp. 561-576
The procurement of product development and production services brings special strategic considerations to the buyer … theory. The paper models the strategic issues for a cost containment contest between two suppliers. The suppliers are drawn … winner's share that minimizes expected procurement price, (b) the corresponding profit fee bid by suppliers, (c) the ensuing …