cost structures depend upon the buyer's bargaining power (opportunity cost). However, the winning supplier's investments … monopolist buyer. Such investments reduce the suppliers' variable costs of serving the buyer's demand. We show that an auction … mechanism does not always benefit the payment-minimizing buyer, the supply chain, or society. We identify scenarios where the …

award the entire production to a single supplier. We examine the effect of using multiple suppliers on investment incentives …This paper studies procurement contracts where a buyer can either divide full production among multiple suppliers or …. In a framework of generalized second-price auctions with pre-auction investment, we show that the optimality of split …

award the entire production to a single supplier. We examine the effect of using multiple suppliers on investment incentives …This paper studies procurement contracts where a buyer can either divide full production among multiple suppliers or …. In a framework of generalized second-price auctions with pre-auction investment, we show that the optimality of split …

This paper examines the effect of salvage market on strategic technology choice and capacity investment decision of two … of capacity investment: flexible firm makes decision about general and specific components' capacity and inflexible firm …

This paper examines the effect of salvage market on strategic technology choice and capacity investment decision of two … of capacity investment: flexible firm makes decision about general and specific components’ capacity and inflexible firm …