Supplier-buyer contracting: Asymmetric c
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Albert Y. Ha
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Article
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2001
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John Wiley and Sons
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English
β 233 KB
We consider the problem of designing a contract to maximize the supplier's profit in a one-supplier-one-buyer relationship for a short-life-cycle product. Demand for the finished product is stochastic and price-sensitive, and only its probability distribution is known when the supply contract is wri