The role of market evolution in channel contracting

Real markets evolve over time. They often exhibit complex behaviors, such as autocorrelation, continuity, and nonstationarity. How do these behaviors affect channel contracting? We study the problem in a bilateral channel where the retailer has private information on evolving market conditions. We c...

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Bibliographic Details
Main Authors: Gao, L. (Author), Mishra, B.K (Author)
Format: Article
Language:English
Published: INFORMS Inst.for Operations Res.and the Management Sciences 2019
Subjects:
Online Access:View Fulltext in Publisher