Search Results - subject:"price-only contracts"

Complexity as a contract design factor : a human-to-human experimental study

Kalkancı, Basak; Chen, Kay-Yut; Erhun, Feryal - In: Production and operations management : an international … 23 (2014) 2, pp. 269-284

Persistent link: https://www.econbiz.de/10010340258

Delegation vs. Control of Component Procurement Under Asymmetric Cost Information and Simple Contracts

Kayis, Enis; Erhun, Feryal; Plambeck, Erica L. - In: Manufacturing & Service Operations Management 15 (2013) 1, pp. 45-56

firms use price-only contracts as opposed to quantity discount contracts. These results shed light on practices observed in … directly. Because of information asymmetry about suppliers' production costs and the use of simple quantity discount or price-only … contracts, either delegation or control can yield substantially higher expected profit for the manufacturer. Delegation tends to …

Persistent link: https://www.econbiz.de/10010990420

A three-echelon supply chain with price-only contracts and sub-supply chain coordination

Seifert, Ralf W.; Zequeira, Romulo I.; Liao, Shuangqing - In: International journal of production economics 138 (2012) 2, pp. 345-353

Persistent link: https://www.econbiz.de/10009566445

Contract Complexity and Performance Under Asymmetric Demand Information: An Experimental Evaluation

Kalkanci, Basak; Chen, Kay-Yut; Erhun, Feryal - In: Management Science 57 (2011) 4, pp. 689-704

Exploring the tension between theory and practice regarding complexity and performance in contract design is especially relevant. The goal of this paper is to understand why simpler contracts may commonly be preferred in practice despite being theoretically suboptimal. We study a two-tier supply...

Persistent link: https://www.econbiz.de/10009214116

The Price of Anarchy in Supply Chains: Quantifying the Efficiency of Price-Only Contracts

Perakis, Georgia; Roels, Guillaume - In: Management Science 53 (2007) 8, pp. 1249-1268

In this paper, we quantify the efficiency of decentralized supply chains that use price-only contracts. With a price …

Persistent link: https://www.econbiz.de/10009204345

Simple Relational Contracts to Motivate Capacity Investment: Price Only vs. Price and Quantity

Taylor, Terry A.; Plambeck, Erica L. - In: Manufacturing & Service Operations Management 9 (2007) 1, pp. 94-113

Because of long lead times associated with product development and building capacity, a supplier must initiate investment in capacity when the product development effort is ongoing. Because the product is ill defined at this point in time, the buyer is unable to commit to the future terms of...

Persistent link: https://www.econbiz.de/10009218859