Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
483223 | European Journal of Operational Research | 2007 | 7 Pages |
Abstract
We contribute to current research on single-period returns policies by making a clear distinction between models in which transfer price is exogenous and models in which one dominant party unilaterally declares a price. We compare the equilibrium contracts that result from these two approaches and derive conditions for the equilibrium returns policy to be Pareto-efficient when transfer price is exogenous. Our main result is distribution free, but we make some interesting observations on channel performance when demand is uniformly distributed.
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Physical Sciences and Engineering
Computer Science
Computer Science (General)
Authors
Indranil Bose, Paul Anand,