Flexible contracting theory and case examples
Flexible contracting theory and case examples
复制标题
灵活承包理论和案例
DOI：
10.1016/0377-2217(79)90115-2
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发表时间：
1979
影响因子：
6.4
通讯作者：
Andrew Whinston
中科院分区：
文献类型：
--
作者：
Vicente Salas Fumás;Andrew Whinston
当公司或政府机构安排需要在较长时间内交货的合同时，往往会安排根据生产成本的外部变化调整最终价格。这篇论文展示了在特定条件下，如何设计出既允许价格变化又能激励生产单位提高效率的合同。举例来说，只有在非常特殊的情况下，才能接受“直通”安排。我们展示了如何将几何规划技术应用于经济生产理论来分析这些问题。
When companies or governmental agencies arrange for contracts that call for deliveries over extended periods of time, arrangements are often made to adjust the final prices for exogenous changes in the costs of production. This paper shows, under specified conditions, how contracts can be devised which allow for price changes but at the same time still provide incentives for the producing unit to be efficient. For example, only under very specific conditions will a “pass-through” arrangement be acceptable. We show how the techniques of Geometric Programming applied to the economic theory of production can be used to analyze such problems.