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We study the problem of the manager of a project consisting of two sub-projects or tasks which are outsourced to different subcontractors. The project manager earns more revenue from the project if it is completed faster, but he cannot observe how hard subcontractors work, only the stochastic...
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This paper studies optimal schemes for allocating scarce resources to agents with private demand information and heterogeneous bargaining powers. Through an investigation of a mechanism design model that aims to induce agents to report their demands truthfully, we find the following results....
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Problem definition: According to an estimate in 2022, labor-related human trafficking affects 23 million people globally. This form of exploitation is especially prevalent in 'labor supply chains' where buying companies rely on independent 'labor agents' to recruit and manage workers for them....
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