type="main" xml:id="ecin12107-abs-0001" The ranking of an academic journal is important to authors, universities, journal publishers, and research funders. Rankings are gaining prominence as countries adopt regular research assessment exercises that especially reward publication in high-impact...

This paper reconsiders the model presented by Flacco and Kroetch (1986). It shows that with additive technological uncertainty the firm will produce and contract to sell the same output as under certainty. When the Flacco/Kroetch model is generalized to allow the firm to select contract...