Design and study of hybrid BI insurance contracts with interruption compensation, reward, and penalty under adverse selection
Sign Up to like & getrecommendations! Published in 2024 at "Managerial and Decision Economics"
DOI: 10.1002/mde.4281
Abstract: Aiming at the adverse selection problem in the BI insurance market under asymmetric information, this paper designs a hybrid BI insurance contract with interruption compensation, reward, and penalty based on the principal‐agent theory. It is… read more here.
Keywords: reward penalty; compensation reward; adverse selection; hybrid insurance ... See more keywords
Designing a decision model to assess the reward and penalty scheme of electric distribution companies
Sign Up to like & getrecommendations! Published in 2018 at "Energy"
DOI: 10.1016/j.energy.2018.01.021
Abstract: Abstract In this paper, a decision-making model for the appropriate implementation of the reward and penalty scheme (RPS) for electricity distribution companies (EDCs) is presented to be used to update the parameters of the RPS… read more here.
Keywords: reward penalty; penalty scheme; distribution companies; distribution ... See more keywords
Analyses of the reward-penalty mechanism in green closed-loop supply chains with product remanufacturing
Sign Up to like & getrecommendations! Published in 2019 at "International Journal of Production Economics"
DOI: 10.1016/j.ijpe.2019.01.006
Abstract: Abstract In recent years, the manufacturer has received pressures from both consumers and government regarding the environmental awareness. The government has forced the manufacturer through regulations to take care their end-of-life products for reducing the… read more here.
Keywords: manufacturer; supply; penalty mechanism; reward penalty ... See more keywords
A Closed-Loop Supply Chain with Competitive Dual Collection Channel under Asymmetric Information and Reward–Penalty Mechanism
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DOI: 10.3390/su10072131
Abstract: We investigate a closed-loop supply chain (CLSC) where the retailer and the third-party recycler compete against each other to collect waste electrical and electronic equipment (WEEE) given that collection effort is their private information. Using… read more here.
Keywords: collection; information; reward penalty; mechanism ... See more keywords
Can a Dynamic Reward-Penalty Mechanism Help the Implementation of Renewable Portfolio Standards under Information Asymmetry?
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DOI: 10.3390/sym12040670
Abstract: To further promote the low-carbon and sustainable development of China’s power industry, the Chinese government is vigorously introducing competition into power sales market. Simultaneously, On November 15, 2018, the National Development and Reform Commission issued… read more here.
Keywords: penalty mechanism; reward penalty; mechanism; power ... See more keywords