The paper investigates newsvendor problem for a dyadic supply chain in which both the supplier and the retailer are concerned with fairness. Nash bargaining solution is introduced as the fairness reference point and equilibrium results are derived. The effects of fairness concerns on optimal...

In the context of job scheduling, the time required to complete a task is related not only to the intrinsic difficulty of the task, but also to the operator's willingness to speed up (or slow down) its execution. In fact, service operators are sometimes authorized to flexibly calibrate job...