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Motivated by the ever-growing complexity of projects and the consistent trend of outsourcing of individual tasks or components, we study the contract-design problem faced by a firm (or organization) for executing a project consisting of multiple tasks, each of which is performed by an individual...
Persistent link: https://www.econbiz.de/10012933248
We study assembly supply chains with multiple contractors. In such settings, the original equipment manufacturer (OEM) sometimes outsources component production to different contractors, and the final product revenue may depend on the performance of the slowest (or most unlucky) contractor. To...
Persistent link: https://www.econbiz.de/10012902498
Projects involving new product development often require tight collaboration among several firms. The success of such projects depends on all firms' committing resources and generating high quality outputs. We consider a setting with a firm and her collaborator engaging in a collaborative...
Persistent link: https://www.econbiz.de/10014109814
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