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A note on incentive fee contracting

✍ Scribed by Robert M. Thrall


Publisher
John Wiley and Sons
Year
1965
Tongue
English
Weight
144 KB
Volume
12
Category
Article
ISSN
0894-069X

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A model of incentive contracts for just-
✍ John R. Grout πŸ“‚ Article πŸ“… 1997 πŸ› Elsevier Science 🌐 English βš– 710 KB

A mathematical model is used to analyze how to structure on-time delivery incentives in a contract between a buyer and a single supplier of raw materials when early shipments are forbidden. The buyer's choice of incentives takes the supplier's cost-minimizing response to incentives into account. The