Abstract : We study the pricing problem between two firms when the manufacturer’s willingness to pay (wtp) for the supplier’s good is not known by the latter. We demonstrate that it is in the interest of the manufacturer to hide this information from the supplier. The...
Abstract : Coordination in a supply chains may require investment in relationship-specific assets (RSA) including information systems and human resources from all or a subset of the partners. These investments are typically partially non-verifiable, possibly based on...