Considering that the demand for fresh agricultural products is affected by product freshness and price, a two-level supply chain decision model consisting of risk-neutral supplier risk-averse retailer constructed. In order to increase consumer products, will make appropriate efforts preserve products. The optimal fresh-keeping effort level pricing under centralized decision-making decentralized...

Overconfidence is a prevalent and potentially catastrophic behaviour in judgment decision-making. In this paper, we define manufacturers’ overconfidence as belief bias that they overestimate the impact of product greenness on demand accuracy uncertainty. We build game theory model based overconfident beliefs, address decisions price, discuss supply chain profits. For adverse effects brought by ...

Abstract The sharing economy has changed people’s lives. These changes have accelerated the pace of life and improved quality life, but also had some negative effects. For example, in China, supply chain takeout delivery platform, service deliverer often violates traffic rules to shorten time. This phenomenon aroused widespread concern society. From perspective sustainable operation platform en...

The profits of the ESCO (Energy Services Company) and EU (Energy Using Organization) in the EPCP (energy performance contracting project) rely on the signing of the shared savings contract and the successful operation of the project, and the probability of the project’s success is decided by the complementary efforts of the ESCO and EU. However, the effort selection of the two sides face the bi...

This paper starts with the observation that in most individualistic sports (e.g. golf, tennis, boxing) rewards are highly dependent on performance, while in most team sports direct rewards are almost independent of performance. This paper takes the perspective of Contest (Tournament) Theory and considers the incentive properties of revenue sharing agreements which are performance independent an...

<p style='text-indent:20px;'>The introduction of the benchmarking mechanism into electricity industry has influenced whether utility firms choose to invest in carbon abatement technology. This study presents an supply chain that includes a firm as leader and retailer follower decide on price technology investment. The discusses impact decision-making enterprises. main conclusions are foll...

In this paper, we develop a new model to describe a dynamic revenue-sharing problem between an online shopping mall and a store in an E-commerce market. We formulate the revenue-sharing problem as a dynamic principal-agent problem, which is then transformed to a risk-sensitive stochastic optimal control problem where the objective of the risk-averse shopping mall is to find a risk-sensitive rev...

In this paper we show that fixed-term contracts, which are commonly used to franchise highways, do not allocate demand risk optimally. We characterize the optimal risk-sharing contract and show that it can be implemented with a fairly straightforward mechanism—a least-present-value-of-revenue auction. Instead of bidding on tolls (or franchise lengths), as in the case of fixed-term franchises, i...