systematically review the profit allocation, decision sequence, and compliance aspects of these contracts. In addition to the … existing concepts in the literature, we propose the notion of sample-path flexibility in profit allocation. Based on precise … allocation, sequence independence, and voluntary compliance. We also obtain sufficient conditions for coordinating supply chains …

This paper contributes to the positive political theory of legislative delegation by modeling formally the decision … judicial and agency approaches to statutory interpretation, may affect legislators' preferences regarding allocation of …

This paper studies the problem of delegating the allocation of resources across multiple categories to an agent who has … cap on the allocation to each category, a generalization of Holmström's (1977) ‘interval controls' to multidimensional … allocation. Such limits are more likely to be optimal when the conflict is weaker and the agent's information is also on …