This paper considers an online retailer and his or her manufacturer, both facing financial constraints wishing to get loans from their e-commerce platform-backed finance company. Based on shared transaction data monitored sales accounts, a tripartite loan contract is proposed coordinate three parties’ actions in this supply chain financing problem. We prove that the aligns decentralized decisio...

Abstract This article provides a framework for understanding the economic role of central banks and their democratic legitimacy. I argue that thinking about challenges banking requires considering banks’ insurance how actions are part credit policy . The contract between bank sovereign is incomplete because it cannot integrate all unforeseen contingencies, distributive consequences interactions...

We value the option of subcontracting to improve Þnancial performance and system coordination by analyzing a competitive stochastic investment game with recourse. The manufacturer and subcontractor decide separately on their capacity investment levels. Then demand uncertainty is resolved and both parties have the option to subcontract when deciding on their production and sales. We analyze and ...

Forecast sharing is studied in a supply chain with a manufacturer that faces stochastic demand for a single product and a supplier that is the sole source for a critical component. The following sequence of events occurs: the manufacturer provides her initial forecast to the supplier along with a contract, the supplier constructs capacity (if he accepts the contract), the manufacturer receives ...

This paper investigates supply chain coordination with side-payment contracts. We …rst summarize speci…c side-payment contracts and present our review on the literature that developed general sidepayment schemes to coordinate supply chains. Following our review, we discuss two criteria that a proper side-payment contract must satisfy, and accordingly introduce a decision-dependent transfer paym...

This paper studies revenue-sharing contracts in distribution chains in the presence of win-win conditions. Revenue-sharing contracts are a mechanism to coordinate the firms in a distribution chain. Under these contracts the retailer shares its revenue with the supplier in exchange for a lower wholesale price. The win-win conditions are natural conditions requiring that the profit of any firm ma...

Contract-Linda is a novel programming architecture for heterogeneous parallel machines particularly suited to image processing. Previous research has concentrated on static and predetermined scheduling of computation and on ne grain parallelism. Predetermined scheduling is satisfactory in cases where the computational process is fully deter-ministic. However with many image interpretation schem...

The increasing coupling of planning and scheduling between different companies leads to novel challenges in devising and implementing effective decision support systems. In this paper, we describe a hard decentralized scheduling problem with heterogeneous machines and competing job sets that belong to different selfinterested stakeholders (agents). These agents want to minimize their costs that...

For distributed object or component systems based on CORBA or DCOM, a suitable software architecture and a strong separation of modules is necessary. Current visual notations have several drawbacks: concurrency support is very limited and they fail to integrate the external state based view of objects when aspects of data and control flow are specified. Hence, they are not sufficient to support...