Browsing Industrial Engineering by Author "Erhun, F."
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Delegation vs. control of component procurement under asymmetric cost information and simple contracts
Kayış, Enis; Erhun, F.; Plambeck, E. L. (Informs, 2013)A manufacturer must choose whether to delegate component procurement to her tier 1 supplier or control it directly. Because of information asymmetry about suppliers’ production costs and the use of simple quantity discount ...
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