In Gentzkow and Kamenica (2014), authors introduce a payoff function of the sender so that the concavification approach, which is introduced in Kamenica and Gentzkow (2011), can be applied to the scenario with costly signals. We find that this payoff function has an error and we provide the...

To contain healthcare cost and improve quality, there is an on-going debate regarding the impact of different reimbursement schemes on patient welfare. In this paper, we examine two commonly used reimbursement schemes: (1) a Fee-For-Service (FFS) reimbursement scheme under which health care...

Consider a supply chain with an original equipment manufacturer (OEM) that designs and sells an innovative product and a contract manufacturer (CM) that produces the product for the OEM under a wholesale price contract. The demand is random and its mean is unknown, which can be uncovered, at...

l outsourcing with a return policy is quite commonly adopted in the fashion supply chain. Under the return policy, the supplier as a brand owner may focus on production, and then outsource retailing to the retailer. In the meanwhile, the retailer may receive some support money from the supplier...

We consider the problem of scheduling a given set of n jobs with equal processing times on m parallel machines so as to minimize the makespan. Each job has a given release date and is compatible to only a subset of the machines. The machines are ordered and indexed in such a way that a...