argue that the second-best contract in general consists of two sharing rules: one for realized outcome and the other for …

agent. Monitoring ensures effort but is costly to the principal. The optimal contract involves monetary payments and …

productivity. The optimal contract rewards for financial performance and penalizes pollution. The combination of both contract … exceeds a threshold, the contract sensitivity to financial performance drops, its sensitivity to pollution emerges, and … pollution is reduced by 38.4% if all firms contract on their own pollution …

planning, and IT outsourcing. In particular, we investigate how the choice of contract type, among fixed-fee, time … a collaborative service environment and identifies service process design changes that improve contract efficiency …

information about his inventory in each period and the supplier offers him a supply contract menu to account for the information … asymmetry. We develop a novel framework of a long-term stationary truth-telling contract that requires the supplier to form a … level in each period. We obtain a necessary condition for the optimality of such a contract. We specialize the necessary …