The supply chain contracting literature has focused on incentive contracts designed to align supply chain members’ individual interests. A key finding of this literature is that members’ preferences for contractual forms are often at odds: the upstream supplier prefers relatively complex...

The supply chain contracting literature has focused on incentive contracts designed to align supply chain members' individual interests. A key finding of this literature is that members' preferences for contractual forms are at odds: the upstream supplier prefers more complex contracts that can...

In supply chain transactions, members care how profit is distributed as well as their own payoff. A retailer prefers fairness when he earns less than his supplier. While existing research focuses on fairness in the vertical competition between an upstream supplier and a downstream retailer, this...

Extensive studies have revealed that newsvendor decisions by human decision-makers are often biased by cognitive limitations, and, therefore, fail to achieve optimal profits prescribed by normative models. These biases are typically considered liabilities in individual inventory decision-making,...

Status involves group members evaluating themselves relative to fellow group members according to some shared standard of value. Status has been described in economics, sociology and evolutionary anthropology. Based on this work, we treat status and the associated recognition by others as an...