In this research, we study a general multi-period inventory model for a buyer and his supplier. We propose an adjustment contract to allow the buyer to adjust his inventory levels upwards or downwards. Thus, the buyer has more flexibility in inventory control so as to reduce his inventory risk....

Pricing is a critical issue in the strategic marketing of durable goods, both to companies selling goods and to consumers choosing among alternative products. The multi-dimensional pricing of durable goods is a complex problem. We are interested in the basic question of how profit maximizing...

In this dissertation, we consider an inventory sharing and rationing problem in continuous-review, infinite-horizon, distribution networks. Unlike previous literature on inventory sharing, we model inventory sharing as a multiple demand classes problem in which each dealer faces two classes of...

We consider the design of multi-attribute procurement contracts when the supplier possesses multi-dimensional private information. Specifically, we consider a buyer who must design a contract to procure a single product whose value is a function of two attributes. The potential supplier׳s cost...