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Payment for results (PfR) funding approach, where donors reimburse the non-profit organization (NPO) based on outcomes, is being increasingly adopted in the non-profit sector. However, there is also concern expressed by many voluntary organizations that such a funding approach puts undue...
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A firm, making a quantity decision under uncertainty, loses profit if its private information is leaked to competitors. Outsourcing increases this risk as a third party supplier may leak information for its own benefit. The firm may choose to conceal information from the competitors by entering...
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Flight delays have been a growing issue and they have reached an all-time high in recent years, with the airlines' on-time performance at its worst level in 2007 since 1995. A recent report by the Joint Economic Committee of the U.S. Congress chaired by Senator Charles E. Schumer has estimated...
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In a shared economy, users list their assets on the platform for extra earnings. However, in emerging markets, there may not be enough individuals who are willing to share assets. Some platforms nowadays offer asset financing options to ensure enough supply, wherein individuals can own the asset...
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Business rivals often collaborate on specific aspects of their operations. The collaboration can benefit firms operationally, but may also intensify competition. To better understand and manage this interaction, this paper studies the strategic and welfare implications of a cost-reducing...
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