Contingency Management under Asymmetric Information
Publication Type
Journal Article
Publication Date
11-2005
Abstract
We model a monopolist supplier whose supply to multiple buyers is disrupted. The supplier can take costly, speed-dependent actions, to restore supply. Buyers experience private backorder costs that are unknown to the supplier. We analyze the supplier's optimal contract structure and explore the impact of an alternate supplier.
Discipline
Management Sciences and Quantitative Methods
Research Areas
Operations Management
Publication
Operations Research Letters
Volume
33
Issue
6
First Page
572
Last Page
580
ISSN
0167-6377
Identifier
10.1016/j.orl.2004.11.007
Publisher
Elsevier
Citation
Iyer, Ananth; Deshpande, Vinayak; and Wu, Zhengping.
Contingency Management under Asymmetric Information. (2005). Operations Research Letters. 33, (6), 572-580.
Available at: https://ink.library.smu.edu.sg/lkcsb_research/2275