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This paper studies a supply contracting problem where a buyer sources a product from a supplier to satisfy uncertain market demand. With the increasing length and complexity of today's global supply chains, the buyer may face two issues when designing the supply contract: adverse selection...
Persistent link: https://www.econbiz.de/10013039163
Problem definition: This paper studies an entrepreneur's pricing strategy in a reward-based crowdfund-ing campaign under asymmetric product quality information. We propose two signaling mechanisms and investigate the relative performance of these mechanisms under different market...
Persistent link: https://www.econbiz.de/10012823518
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