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The optimal level of formalisation of contracts and their dynamic is at stake in the economic literature on the optimum design of ex post renegotiation with third party enforcement. Another theoretical interpretation is that contract adaptations may also reflect mutual learning process between...
Persistent link: https://www.econbiz.de/10009443823
This paper on “resale price maintenance” (RPM) has three main parts:(i) Using a simple and parsimonious model, we show that even with only one retailer, a “supplier” or “manufacturer” (hereafter “Manu”) should impose minimum-RPM under some circumstances but maximum-RPM in others....
Persistent link: https://www.econbiz.de/10009471430
In this thesis, we analyze the impact of the decentralization of price and leadtime decisions made by the marketing and production departments, respectively, in a make-to-order firm. We first study a monopoly environment, and find that in the decentralized setting, the total demand generated is...
Persistent link: https://www.econbiz.de/10009475738
models for effectiveness in solution quality and time. Concepts of mathematical optimization, contract theory, and game …
Persistent link: https://www.econbiz.de/10009475936
We consider a decentralized, two-echelon supply chain where the upper echelon --the supplier-- bears the inventory risk. To service the retailers, the supplier either keeps inventory reserved for each of her customers or else pools inventory to share among her customers. The common insight...
Persistent link: https://www.econbiz.de/10009476022
The objective of the paper is to understand the process of designing a multi-stakeholder partnership in the adoption of sustainable innovations in value chains. More specifically, the focus is on the design of feasible types of horizontal agreements and contractual formulas to be implemented in...
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