Screening contracts (or non-linear “menu of contracts”) are frequently used for aligning the incentives in supply chains with private information. In this context, it is assumed that all supply chain parties are strictly (expected) profit maximizing and, therefore, sensible to even arbitrarily small pay-off differences between contract alternatives. However, previous behavioral work on contract...

In this study production, reproduction, population, management and economic parameters resulted from recording of 7 flocks with size 57 to 400 and 721 heads of camels in a cycle of reproduction, during three years from 2011 to 2013 were used to find out of the economic values of important traits in one hump camel in desert areas rearing system. The economic traits that appeared in profit equati...

The assumption of expected profit-maximizing bidding behavior in a multi-unit, multi-period auction with step-function supply curves is used to estimate cost functions for electricity generation units and derive tests of expected profit-maximizing behavior. Applying these techniques to data from the National Electricity Market in Australia reveals statistically significant evidence of output-de...

Today's large scale networks such as the Internet emerge from the interconnection of privately owned networks and serve heterogeneous users with different service needs. The service providers of these networks are interested in maximizing their profit. Since the existing pricing scheme cannot satisfy their needs, the service providers are looking for new pricing mechanisms. However, designing a...