Options Procurement Policy for Option Contracts with Supply and Spot Market Uncertainty
نویسندگان
چکیده
منابع مشابه
Option Contracts in Supply Chains∗
This article investigates the pricing of options when the demand curve is downward sloping. Our speciÞc application arises in a supply chain setting, where a manufacturer offers the retailer the right to reorder items at a Þxed price and/or the right to return unsold goods for a predetermined salvage value. We show that the introduction of option contracts causes the wholesale price to increase...
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This paper develops a framework for integrating contract markets with spot markets using tradable options for capacity. Sellers and Buyers may either contract for delivery in advance (the \contracting" option) or they may sell and buy some or all of their output/input in a spot market. Contract pricing involves both a reservation fee per unit of capacity and an execution fee per unit of output ...
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Suppliers (including companies and individual prosumers) may wish to protect their private information when selling items they have in stock. A market is envisaged where private information can be protected through the use of differential privacy and option contracts, while privacy-aware suppliers deliver their stock at a reduced price. In such a marketplace a broker acts as intermediary betwee...
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We develop an option model to quantify and price a flexible supply contract, by which the buyer (a manufacturer), in addition to a committed order quantity, can purchase option contracts and decide whether or not to exercise them after demand is realized. We consider both call and put options, which generalize several widely practiced contracting schemes such as capacity reservation and buy-bac...
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ژورنال
عنوان ژورنال: Discrete Dynamics in Nature and Society
سال: 2014
ISSN: 1026-0226,1607-887X
DOI: 10.1155/2014/906739