without information sharing) are analyzed to study the effect of competition and information asymmetry on the supplier …'s selling strategy. In each scenario, we establish the equilibrium result and investigate how the competition and information … private information; (iii) competition and private information also influences the retailers and the supply chain's preference …

This paper examines the effect of imperfect labor market competition on the efficiency of compensation schemes in a …-dependent exit options for agents. In contrast to screening models with perfect competition, we find that existence of equilibria … that the efficiency of variable pay depends on the degree of competition for agents: For small degrees of competition, low …

This paper examines the effect of imperfect labor market competition on the efficiency of compensation schemes in a … high degrees of vertical differentiation, i.e. low competition, low-ability agents are under-incentivized and exert too … little effort. For high degrees of competition, high-ability agents are over-incentivized and bear too much risk. For a range …