Contingency Management under Asymmetric Information

• Main Authors: Iyer, Ananth, Deshpande, Vinayak, Wu, Zhengping
• 格式: text
• 語言: English
• 出版: Institutional Knowledge at Singapore Management University 2005
• 主題: Management Sciences and Quantitative Methods
• 在線閱讀: https://ink.library.smu.edu.sg/lkcsb_research/2275; https://doi.org/10.1016/j.orl.2004.11.007

We model a monopolist supplier whose supply to multiple buyers is disrupted. The supplier can take costly, speed-dependent actions, to restore supply. Buyers experience private backorder costs that are unknown to the supplier. We analyze the supplier's optimal contract structure and explore the...