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On the other hand, the literature on channel coordination has not considered quality uncertainty in designing a contract of alliance.
An international organization, capable of designing a contract that coaxes debtors into a tougher fiscal stance via the provision of cheap senior lending in times of crisis, can work as a commitment device and improve social welfare.
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Essentially we designed a contract between the importing system, and the editing/display system.
The relay needs to design a contract to maximize its expected revenue.
To achieve sales effort coordination, we designed a contract with price match and selective compensation rebate.
The certifying agent is limited in its ability to design a contract that would reveal investment intentions.
How companies design a contract to motivate supplier participation is an important but under-examined empirical question.
Specifically, we consider a buyer who must design a contract to procure a single product whose value is a function of two attributes.
By the time the NSW government abruptly cancelled the entire Metro project in early 2010, the Authority had conceived and designed a contract that was proceeding to procurement.
If information gathering costs are large, the principal will design a contract in which output levels are different from the efficient levels in each of the possible states.
The supplier, aware of this asymmetry, and acting as a Stackelberg leader, designs a contracting arrangement that best meet his interest.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com