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Procurement and Predation: Dynamic Sourcing from Financially Constrained Suppliers

Arve, Malin - 2013

This paper studies the interaction between financially constrained and financially strong firms on a procurement market …. It characterizes and discusses a procurement agency's optimal response when faced with financially asymmetric firms. By …

Persistent link: https://www.econbiz.de/10010333952

Essays on Procurement with Information Asymmetry.

Hu, Bin - 2011

procurement decisions in the presence of information asymmetry? The three essays in this dissertation study three specific … Contracts” designs a simple and easily implementable optimal procurement mechanism for a newsvendor-like problem, where the … for an OEM’s indivisible contract based on cost.This dissertation has the potential to help procurement managers …

Persistent link: https://www.econbiz.de/10009477338

Payoff implications of incentive contracting

Garrett, Daniel F. - In: Theoretical Economics 16 (2021) 4, pp. 1281-1312

In the context of a canonical agency model, we study the payoff implications of introducing optimally structured incentives. We do so from the perspective of an analyst who does not know the agent's preferences for responding to incentives, but does know that the principal knows them. We...

Persistent link: https://www.econbiz.de/10013189081