Optimal Sales Contracts with Withdrawal Rights
نویسندگان
چکیده
منابع مشابه
Optimal design of sales contracts under information asymmetry
We consider a supply chain where one manufacturer sells products to local markets through dealers. Each dealer faces a geographically dispersed market with uncertain demand, and is able to observe demand signal and exert effort to enhance sales. Both signal and effort affect the sales outcomes probabilistically, and cannot be observed by the manufacturer. Furthermore, dealers’ signals are corre...
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ژورنال
عنوان ژورنال: The Review of Economic Studies
سال: 2015
ISSN: 0034-6527,1467-937X
DOI: 10.1093/restud/rdv003