Manufacture-to-order is an increasingly popular strategy in commodity electronics and other similar markets where many different product configurations can be produced from common components. To succeed in this environment, manufacturers need to keep both cost and order fulfillment time low. In this article, we compare three different mechanisms that a manufacturer, whose revenues depend on ord...

We introduce Weakest Link Games (WLGs), a cooperative game modeling domains where a team’s value is determined by its weakest member. The game is represented as an edgeweighted graph with designated source and target vertices, where agents are the edges. The quality of a path between the source vertex and target vertex is the minimal edge weight along the path; the value of a coalition of edges...

Business incubators and venture capital are effective instruments for supporting the development of new firms. The purpose of this paper is to explore cooperation mechanisms between business incubators and venture capitalists and find the equilibriums of the mechanisms. Also, this paper puts forward three mechanisms, revenue sharing mechanism, cost sharing mechanism and knowledge sharing mechan...

Under a revenue-sharing contract, a retailer pays a supplier a wholesale price for each unit purchased plus a percentage of the revenue the retailer generates. Such contracts have become more prevalent in the video cassette rental industry relative to the more conventional wholesale price contract. This paper studies revenue-sharing contracts in a general supply chain model with revenues determ...

China began connecting farmers directly with supermarkets 10 years ago, when they were at a disadvantage and forced to sell products low prices, as unstable cooperation among supply chain participants led inequitable distribution of revenue. Revenue-sharing contracts offer risk-sharing approach ensure coordination optimize profit for all. Research on short life cycle revenue-sharing assume stab...

The objective of the paper is to study how wholesale price and revenue sharing contracts affect operations and marketing decisions in a supply chain under different dynamic informational structures. We suggest a differential game model of a supply chain consisting of a manufacturer and a single retailer that agree on the contract parameters at the outset of the game. The model includes key oper...

We develop a two-sided market model that captures two unique features of the in-app mobile advertising market: the joint structure of the adverting platform and agency pricing for the app sales channel. In the joint structure of the mobile advertising platform, both the platform owner and the app developer jointly control the provisioning of ads compared to the platform owner alone in the tradi...

This paper outlines how the theory of contests is applied to professional team sports leagues. In the first part, we present the traditional Tullock contest and explain some basic properties of the equilibrium. We will then extend this static contest to a two-period model in order to analyze dynamic aspects of contests. In the second part, we will present applications of contest theory in sport...