Offering consumers the option of buying extended warranties when selling durable consumer goods is a relatively new practice in Chinese industry. In this paper, we try to explore this practice in a setting that a monopolist sells a kind of product via a retailer, the channel members try to...

Procurement control (PC) is a practice that the buyer controls the material procurement of the supplier and at the same time takes the inventory risk from the supplier. In this paper we compare PC with a decentralized contracting practice (DC) in the setting of a risk-neutral buyer cooperating...