Channel coordination in search advertising is an important but complicated managerial decision for both manufacturers and retailers. Due to the highly concentrated market of search advertising, a manufacturer's and its retailers' ads can compete instead of complement with each other. We consider...

This paper explores potential inefficiencies due to incomplete contracts in a dynamic career concerns context. In a firm--worker relationship, the worker performs tasks that have tradeoffs between productivity and information about the worker's ability. We focus on task choices with no private...

In the industry with radical technology push or rapidly changing customer preference, it is firms' common wisdom to introduce high-end product first, and follow by low-end product line extensions. A key decision in this "down-market stretch" strategy is the introduction time. High inventory cost...