2,999 research outputs found
Effectiveness of bonus and penalty incentive contracts in supply chain exchanges: Does national culture matter?
Stephanie Mathson interviews poet and author Judith Kerman
Poet and author Judith Kerman talks about her experience as a Fulbright scholar in the Dominican Republic, her work translating poems by Cuban poet Dulce Mar\ueda Loynaz, learning Spanish, translating poems from Spanish, and her book "Retrofitting Blade Runner". Kerman is interviewed by Stephanie Mathson of the Michigan State University Libraries. Part of the MSU Libraries' Michigan Writers Series
Stephanie Mathson interviews poet and author Jack Ridl
Poet and author Jack Ridl explains how he began writing, the writer series at Hope College, his coach poems, his chapbook "Against elegies," how working and living in Michigan shapes his work, and works in progress. Ridl is interviewed by Stephanie Mathson of the Michigan State University Libraries. Part of the MSU Libraries' Michigan Writers Series
Stephanie Mathson interviews poet and author Josie Kearns
Poet and author Josie Kearns, professor of creative writing and literature at the University of Michigan, talks about teaching and writing, natural scenery in Michigan, her editorship of the book "New Poems From the Third Coast", her book "New Numbers", and other works in process. Kearns is interviewed by Stephanie Mathson from the Michigan State University Libraries for the MSU Libraries' Michigan Writers Series
Kara Gust interviews author and bioregionalist Stephanie Mills
Author and ecologist Stephanie Mills talks about how she started writing and publishing, writing on nature and the environment, the challenges of being a writer, the influence of Michigan on her work, bio-regionalism, and a new book she is working on. Mills is interviewed by Michigan State University Librarian Kara Gust for the Michigan State University Libraries' Michigan Writers Series
Effectiveness of bonus and penalty incentive contracts in supply chain exchanges: Does national culture matter?
In this study, we investigate the impact of national culture on the effectiveness of bonus and penalty incentive contracts in supply chain exchanges. We conducted laboratory experiments in Canada, China, and South Korea, involving transactional exchanges in which suppliers were presented with either bonus or penalty contracts. Then we compared suppliers’ contract acceptance, level of effort, and shirking across national cultures. Our findings reveal critical cultural influences on contract effectiveness. We show that although acceptance of bonus contracts is comparable across cultures, suppliers from Canada, a national culture considered low in power distance and high in humane orientation, exhibit lower acceptance rates of penalty contracts. In addition, we find evidence that suppliers associated with collectivist cultures exert more effort and shirk less in bonus contracts but these relationships also are more complex. When we compare contract effectiveness across bonus and penalty contracts within a given cultural setting, we find in all three countries greater acceptance of bonus contracts than penalty contracts. Also, after contracts are accepted, bonus contracts are more successful in China because suppliers exert greater effort and shirk less under bonus contracts than penalty contracts. However, in Canada and South Korea, the results of accepted contracts for both penalty and bonus contracts are nearly indistinguishable
Making a market for Miscanthus: Can new contract designs solve the biofuel investment hold-up problem?
We present designs for optimal contracts to solve the investment hold-up problem for perennial crops for the biofuel industry. A fixed-price contract is ex-ante efficient but renegotiation-proof for a limited range of discount parameters. A perfectly- indexed contract is both renegotiation-proof and ex-post efficient. Provided long-run land prices are stationary, the expected cost for both contracts converges to the long-run expected price of land for a risk-neutral farmer.Biofuels, Miscanthus, contract theory, industrial organization, renegotiation-proof contract, Marketing,
Author and bioregionalist Stephanie Mills reads her selected works at the Michigan Writers Series
Author and ecologist Stephanie Mills reads from her first book "Whatever happened to ecology?" and from "Tough little beauties," then answers questions from the audience. The event is convened by Peter Berg, head of Michigan State University Libraries' Special Collections. Part of the Michigan State University Libraries' Michigan Writers Series. Held in the Main Library
Stephanie Mathson interviews essayist and memoirist Robert Root
Essayist and memoirist Robert Root, professor of English at Central Michigan University, talks about his book "Recovering Ruth" and the genealogical research research in his work and his role as both a university professor and an author. He also shares his views on creative nonfiction, Michigan as a source of inspiration, and works in progress. Root is interviewed by Stephanie Mathson of the Michigan State University Libraries for the MSU Libraries' Michigan Writers Series
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