The central purpose of this paper is to examine the incentive contract as an equilibrium phenomenon. We analyse a model of vertical differentiation in which we deal with the strategic role of the competitor's decisions in a successive duopoly. Is it better for a processor to offer an incentive...

This study applied a multi-theoretical perspective to explore factors that determine the duration of continuing supply relationships between grape processors and growers. Our empirical study employed hazard rate models with time-varying covariates, using data from supply contracts between...