We study contracting when both principal and agent have to exert noncontractible effort for production to take place. An analyst is uncertain about what actions are available and evaluates a contract by the expected payoffs it guarantees to each party in spite of the surrounding uncertainty....

Few studies have specifically focused on the uncertainty of demand forecasting despite the fact that uncertainty is the one of greatest risks for governments and private partners in PPP projects. This study presents a methodology for finding robust contract conditions considering uncertainty in...

The traditional methods and techniques employed in operational management seem unable to provide solutions that can be actually practiced. This insufficiency is caused by the uncertainties and delays which are faced in practice. The potential causes of these uncertainties are usually internal...