This paper compares the performance of coordination by decentralized and centralized mechanisms in a division of labor model, where there are returns to specialization. My primary hypothesis is that central coordination is a superior mechanism for organizing systems that display complex webs of interdependency between participants. The model demonstrates that centralized coordination provides e...

This study contributes to the literature on supply chain coordination by coordinating the research and development (R&D) effort, retail price, and inventory decisions. It investigates a real case in the home appliance industry. The main purpose of this study is to examine the optimal values of R&D effort, pricing, and inventory decisions under decentralized and centralized structures. Then, a d...

In this paper, we explore the issue of coordination in a manufacturer-retailer supply chain where the manufacturer is socially responsible and invests in CSR activities. On the other hand, the retailer invests in promotional efforts and uses a periodic review order-up-to policy for replenishing items. First, the decentralized decision-making structure is modeled to calculate the minimum accepta...

In this paper, a discount model is proposed to coordinate pricing and ordering decisions in a two-echelon supply chain (SC). Demand is stochastic and price sensitive while lead times are fixed. Decentralized decision making where downstream decides on selling price and order size is investigated. Then, joint pricing and ordering decisions are extracted where both members act as a single entity ...

In this paper, we propose a decentralized variable gain robust controller with guaranteed L2 gain performance for a class of uncertain large-scale interconnected systems with state delays. The proposed decentralized robust controller consists of a fixed gain and a variable gain tuned by parameter adjustment laws. In this paper, it is shown that sufficient conditions for the existence of the pro...

We run several experiments which allow us to compare cooperation under perfect and imperfect information in a centralized and decentralized punishment regime. Under perfect and extremely noisy information, aggregate behavior does not differ between institutions. Under intermediate noise, punishment escalates in the decentralized peer-to-peer punishment regime which badly affects efficiency whil...

This correspondence considers a problem of robust impulse control of uncertain singular systems by decentralized output-feedback. It derives a perturbation upper bound that ensures the existence of decentralized output-feedback control law such that the closed-loop system remains both regularity and impulse free for any allowable perturbations. Algebraic sufficient conditions are also presented...