Contract design in dynamic agency: An experimental analysis
Sign Up to like & getrecommendations! Published in 2017 at "Managerial and Decision Economics"
DOI: 10.1002/mde.2859
Abstract: This paper reports results from an experiment studying contract design in a dynamic 2-period agency relationship with unobservable effort. A deferred compensation contract is theoretically optimal—it places all incentives on the outcomes in the second… read more here.
Keywords: design dynamic; contract; dynamic agency; agency experimental ... See more keywords
Differences in contract design between successful and less successful franchises
Sign Up to like & getrecommendations! Published in 2017 at "European Journal of Law and Economics"
DOI: 10.1007/s10657-015-9497-9
Abstract: The aim of this paper is to identify differences in contract design between successful and less successful franchise chains. Comparing contracts from both groups of companies, we observe, on the one hand, that (1) franchise… read more here.
Keywords: contract design; differences contract; less successful; design successful ... See more keywords
Flexibility in contract design - is that possible?
Sign Up to like & getrecommendations! Published in 2020 at "Research in Transportation Economics"
DOI: 10.1016/j.retrec.2020.100899
Abstract: Abstract Public procurement is widely used in order to incorporate competition into public services. Competition in procurement often leads to efficiency but the process can also raise some problems. While providing the procurement documents you… read more here.
Keywords: tendering documents; flexibility; flexibility contract; contract design ... See more keywords
Microcredit contract design: A macroeconomic evaluation
Sign Up to like & getrecommendations! Published in 2019 at "World Development"
DOI: 10.1016/j.worlddev.2019.104634
Abstract: Abstract There is now a vast literature investigating the impact of microcredit on poverty in the developing world. Such studies are by and large at the micro-level – investigating the impact of the provision of… read more here.
Keywords: design macroeconomic; impact; microcredit; contract design ... See more keywords
Contract design and supplier performance: an empirical investigation using multi-criteria, decision analysis
Sign Up to like & getrecommendations! Published in 2020 at "International Journal of Productivity and Performance Management"
DOI: 10.1108/ijppm-10-2019-0492
Abstract: PurposeThis study aims to investigate how contract design influences supplier performance. This study synthesises three theoretical views (efficiency, relational, contingency) and provides empirical support on how effective contract design improves supplier performance.Design/methodology/approachThis study reviewed contract… read more here.
Keywords: performance; decision; supplier performance; contract design ... See more keywords
A Contract Design Approach for Phantom Demand Response
Sign Up to like & getrecommendations! Published in 2019 at "IEEE Transactions on Automatic Control"
DOI: 10.1109/tac.2018.2830502
Abstract: We design an optimal contract between a demand response aggregator (DRA) and power grid customers for incentive-based demand response. We consider a setting in which the customers are asked to reduce their electricity consumption by… read more here.
Keywords: demand response; demand; contract design; contract ... See more keywords