Punish Underperformance with Suspension: Optimal Dynamic Contracts in the Presence of Switching Cost.

Ping Cao Peng Sun Feng Tian

Published in: Manag. Sci. (2024)

Keyphrases

expected cost
dynamic programming
optimal cost
supply chain
minimum cost
total cost
average cost
worst case
high cost
closed form
power system
neural network
data sets
dynamic environments
optimal solution
decision making
social welfare
cost reduction
budget constraints