Results 21 to 30 of about 598,458 (313)
We consider a general framework of optimal contract design under the heterogeneity and short-termism of agents. Our research shows that the optimal contract must weigh the agent's information rent, incentive cost, and benefit to overcome the contract's ...
Chuan Ding, Yang Li, Zhenyu Cui
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Optimality of Contraction-Driven Crawling [PDF]
We study a model of cell motility where the condition of optimal trade-off between performance and metabolic cost can be made precise. In this model a steadily crawling fragment is represented by a layer of active gel placed on a frictional surface and driven by contraction only.
Recho, P. +2 more
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Optimal combined purchasing strategies for a risk-averse manufacturer under price uncertainty
Purpose: The purpose of our paper is to analyze optimal purchasing strategies when a manufacturer can buy raw materials from a long-term contract supplier and a spot market under spot price uncertainty. Design/methodology/approach: This procurement model
Qiao Wu, Andy Chen
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The analysis of the quantity discount of the decentralized supply chain has been studied only for single-period planning models. This article presents the design of an optimal quantity discounts for multi-period bilevel production planning for two ...
Okihiro Yoshida +3 more
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Theoretical Aspects Regarding the Optimal Taxation of Effort With More Conditions [PDF]
In this article, the authors propose to conduct a pertinent analysis of the use of mathematical models in relation to optimal effort taxation. The effort taxation must be a balance between allocative efficiency and distribution.
Prof. Dumitru MARIN PhD +2 more
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Optimal Oil Production Path in the Production Sharing Contract and Compare it with the Contractor's Production Specified in the Buy Back contract [PDF]
The choice of contract type in oil fields has always been one of the main and problematic challenges in Iran and elying in making decisions in this regard leads to a dely or non-investment.
mortaza khorsandi +4 more
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A Solvable Time-Inconsistent Principal-Agent Problem
We consider the dynamic contract model with time inconsistency preference of principal-agent problem to study the influence of the time inconsistency preference on the optimal effort and the optimal reward mechanism.
Chao Li, Zhijian Qiu
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In this paper, we consider the revenue sharing contract between supply chain actors in a multi-echelon supply chain, where the demand of the customers and retail price are fuzzy variables.
Shengju Sang
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Optimal Contracts for Lenient Supervisors [PDF]
We consider a situation where an agent's effort is monitored by a supervisor who cares for the agent's well being. This is modeled by incorporating the agent's utility into the utility function of the supervisor. The first best solution can be implemented even if the supervisor's preferences are unknown. The corresponding optimal contract is similar to
Giebe, Thomas, Gürtler, Oliver
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Asset Pricing under Optimal Contracts [PDF]
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Jakša Cvitanić, Hao Xing
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