Risk-Aversion and B2B Contracting Under Asymmetric Information: Evidence from Managed Print Services

Published Online:https://doi.org/10.1287/opre.2017.1673

References

  • Agresti A (2002) Categorical Data Analysis, 2nd ed. (John Wiley & Sons, New York).CrossrefGoogle Scholar
  • Allen DW, Lueck D (1995) Risk preferences and the economics of contracts. Amer. Econom. Rev. 85(2):447–451.Google Scholar
  • Artzner P, Delbaen F, Eber JM, Heath D (1999) Coherent measures of risk. Math. Finance 9(3):203–228.CrossrefGoogle Scholar
  • Barseghyan L, Molinari F, O’Donoghue T, Teitelbaum JC (2013) The nature of risk preferences: Evidence from insurance choices. Amer. Econom. Rev. 103(6):2466–2529.Google Scholar
  • Chiappori PA, Salanié B (2000) Testing for asymmetric information in insurance markets. J. Political Econom. 108(1):56–78.CrossrefGoogle Scholar
  • Cohen MA, Agrawal N, Agrawal V (2006) Winning in the aftermarket. Harvard Bus. Rev. (May):129–138.Google Scholar
  • Crawford SG, Shum M (2007) Monopoly quality degradation and regulation in cable television. J. Law Econom. 50(1):181–219.CrossrefGoogle Scholar
  • DeMarzo P, Duffie D (1992) Corporate financial hedging with long-term linear managerial compensation. Technical report, Stanford Graduate School of Business, Stanford, CA.Google Scholar
  • Dey D, Fan M, Zhang C (2010) Design and analysis of contracts for software outsourcing. Inform. Systems Res. 21(1):93–114.LinkGoogle Scholar
  • DiRomauldo A, Gurbaxani V (1998) Strategic intent for IT outsourcing. Sloan Management Rev. 39(4):67–80.Google Scholar
  • Efron B, Tibshirani RJ (1994) An Introduction to the Boostrap (CRC Press, Boca Raton, FL).Google Scholar
  • Fitoussi D, Gurbaxani V (2012) IT outsourcing contracts and performance measurement. Inform. Systems Res. 23(1):129–143.LinkGoogle Scholar
  • Froot KA, Scharfstein DS, Stein JC (1993) Risk management: Coordinating corporate investment and financing policies. J. Finance 48(5):1629–1658.CrossrefGoogle Scholar
  • Gopal A, Sivaramakrishnan K, Krishnan MS, Mukhopadhyay T (2003) Contracts in offshore software development: An empirical analysis. Management Sci. 16(12):1671–1683.LinkGoogle Scholar
  • Guajardo JA, Cohen MA, Kim S, Netessine S (2012) Impact of performance-based contracting on product reliability: An empirical analysis. Management Sci. 58(5):961–979.LinkGoogle Scholar
  • Hodge F, Winn A (2012) Do compensation clawback and holdback provisions change executive reporting choices? SSRN, https://ssrn.com/abstract=2104205.Google Scholar
  • Hsiao C (2014) Analysis of Panel Data, Vol. 54 (Cambridge University Press, Cambridge, UK).CrossrefGoogle Scholar
  • Ivaldi M, Martimort D (1994) Competition under nonlinear pricing. Annales d’Economie et de Statistique 34:71–114.CrossrefGoogle Scholar
  • Kim S, Cohen MA, Netessine S (2007) Performance contracting in after-sales service supply chains. Management Sci. 53(12):1843–1858.LinkGoogle Scholar
  • Kim Y, Telang R, Vogt WB, Krishnan R (2010) An empirical analysis of mobile voice service and SMS: A structural model. Management Sci. 56(2):234–252.LinkGoogle Scholar
  • Lacity MC, Wilcocks LP, Feeny DF (1995) IT outsourcing: Maximize flexibility and control. Harvard Bus. Rev. (May–June):84–93.Google Scholar
  • Laffont JJ, Martimort D (2001) The Theory of Incentives: The Principal-Agent Model (Princeton University Press, Princeton, NJ).Google Scholar
  • Lafontaine F (1992) Agency theory and franchising: Some empirical results. RAND J. Econom. 23(2):263–283.CrossrefGoogle Scholar
  • Lambrecht A, Seim K, Skiera B (2007) Does uncertainty matter? Consumer behavior under three-part tariffs. Marketing Sci. 26(5):698–710.LinkGoogle Scholar
  • Markowitz HM (1952) Portfolio selection. J. Fin. 7(1):77–91.Google Scholar
  • Masten SE, Saussier S (2000) Econometrics of contracts: An assessment of developments in the empirical literature on contracting. Revue d’économie industrielle 92(1):215–236.CrossrefGoogle Scholar
  • Miravete EJ (2002) Estimating demand for local telephone service with asymmetric information and optional calling plans. Rev. Econom. Stud. 69(4):943–971.CrossrefGoogle Scholar
  • Oliva R, Kallenberg R (2003) Managing the transition from products to services. Internat. J. Service Industry. Management 14(2):160–172.CrossrefGoogle Scholar
  • Perrigne I, Vuong Q (2011) Nonparametric identification of a contract model with adverse selection and moral hazard. Econometrica 79(5):1499–1539.CrossrefGoogle Scholar
  • Tirole J (1988) The Theory of Industrial Organization (MIT Press, Cambridge, MA).Google Scholar
  • Van Mieghem JA (2007) Risk mitigation in newsvendor networks: Resource diversification, flexibility, sharing, and hedging. Manag. Sci. 53(8):1269–1288.LinkGoogle Scholar
  • von Neumann J, Morgenstern O (1947) Theory of Games and Economic Behavior (Princeton University Press, Princeton, JN).Google Scholar
  • Wolak FA (1994) An econometric analysis of the asymmetric information, regulator-utility interaction. Annales d’Economie et de Statistique 34:13–69.CrossrefGoogle Scholar
INFORMS site uses cookies to store information on your computer. Some are essential to make our site work; Others help us improve the user experience. By using this site, you consent to the placement of these cookies. Please read our Privacy Statement to learn more.