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In project management, most manufacturers (project managers) offer no delayed payment contracts under which each supplier (contractor) will receive a pre-specified payment when she completes her task. However, some manufacturers impose delayed payment contracts under which each supplier is paid only after all suppliers have completed their tasks. In this(More)
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Some manufacturers impose a time-based contract on their suppliers under which each supplier is paid only when all of the suppliers have completed their tasks. We investigate whether or not the manufacturer ought to demand such a delayed payment contract. In our model with one manufacturer and two suppliers, we compare the impact of both a delayed payment(More)
This study examined how government negotiators' and opponents' different frames for construing others' motivations prevented a settlement and intensified the Daechuri policy conflict over appropriation of land for a military base. Although communication-and consensus-based processes have been acknowledged as useful methods of conflict resolution, the issue(More)
We study the employee retention and job assignment strategy of growth-oriented entrepreneurial firms in which the employee's capability is unknown to both the firm and the employee. As the employee performs his task, both the firm and the employee update their common belief about the employee's capability based on the noisy profit stream from the employee's(More)
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