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Although theory suggests its importance, empirical evidence on the relation between exogenous termination risk and contracted compensation packages is limited. This study takes a different approach by exploring determinants of contracted annual compensation and severance packages for city...
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This study investigates the conditions under which Vendor Managed Inventory (VMI) systems lead to improved quantity decisions and increased supply chain profits. The study provides analytical models of both a traditional and a VMI system, incorporating both the asymmetric information that is...
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This paper investigates strategic cost allocation in a single-period principal-agent setting, where the principal has two contractible performance measures available for contracting and the agent controls two productive tasks subject to moral hazard. In this setting, cost allocation shifts...
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