{"id":"https://openalex.org/W2922396307","doi":"https://doi.org/10.1561/0200000087","title":"Specific Capacity Investment in Supply Chains With Renegotiation","display_name":"Specific Capacity Investment in Supply Chains With Renegotiation","publication_year":2019,"publication_date":"2019-03-14","ids":{"openalex":"https://openalex.org/W2922396307","doi":"https://doi.org/10.1561/0200000087","mag":"2922396307"},"language":"en","primary_location":{"id":"doi:10.1561/0200000087","is_oa":true,"landing_page_url":"https://doi.org/10.1561/0200000087","pdf_url":null,"source":{"id":"https://openalex.org/S154432073","display_name":"Foundations and Trends\u00ae in Technology Information and Operations Management","issn_l":"1571-9545","issn":["1571-9545","1571-9553"],"is_oa":true,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310318575","host_organization_name":"Now Publishers","host_organization_lineage":["https://openalex.org/P4310318575"],"host_organization_lineage_names":["Now Publishers"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Foundations and Trends\u00ae in Technology, Information and Operations Management","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"diamond","oa_url":"https://doi.org/10.1561/0200000087","any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5054154555","display_name":"Qiaohai Hu","orcid":"https://orcid.org/0000-0002-9244-3954"},"institutions":[{"id":"https://openalex.org/I208333798","display_name":"University of Missouri\u2013St. Louis","ror":"https://ror.org/037cnag11","country_code":"US","type":"education","lineage":["https://openalex.org/I208333798"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"Qiaohai (Joice) Hu","raw_affiliation_strings":["University of Missouri St. Louis","University of Missouri St. Louis, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"University of Missouri St. Louis","institution_ids":["https://openalex.org/I208333798"]},{"raw_affiliation_string":"University of Missouri St. Louis, USA","institution_ids":["https://openalex.org/I208333798"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5054154555"],"corresponding_institution_ids":["https://openalex.org/I208333798"],"apc_list":null,"apc_paid":null,"fwci":0.0,"has_fulltext":false,"cited_by_count":0,"citation_normalized_percentile":{"value":0.02631122,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":null,"biblio":{"volume":"12","issue":"2-3","first_page":"334","last_page":"348"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10328","display_name":"Supply Chain and Inventory Management","score":0.9879999756813049,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10328","display_name":"Supply Chain and Inventory Management","score":0.9879999756813049,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10539","display_name":"Sustainable Supply Chain Management","score":0.9343000054359436,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/investment","display_name":"Investment (military)","score":0.6935057640075684},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.6356629729270935},{"id":"https://openalex.org/keywords/supply-chain","display_name":"Supply chain","score":0.6115543842315674},{"id":"https://openalex.org/keywords/microeconomics","display_name":"Microeconomics","score":0.5800760984420776},{"id":"https://openalex.org/keywords/industrial-organization","display_name":"Industrial organization","score":0.5670579075813293},{"id":"https://openalex.org/keywords/production","display_name":"Production (economics)","score":0.5106838345527649},{"id":"https://openalex.org/keywords/cost-reduction","display_name":"Cost reduction","score":0.44467639923095703},{"id":"https://openalex.org/keywords/capacity-utilization","display_name":"Capacity utilization","score":0.42215657234191895},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.34567689895629883},{"id":"https://openalex.org/keywords/marketing","display_name":"Marketing","score":0.09278208017349243}],"concepts":[{"id":"https://openalex.org/C27548731","wikidata":"https://www.wikidata.org/wiki/Q88272","display_name":"Investment (military)","level":3,"score":0.6935057640075684},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.6356629729270935},{"id":"https://openalex.org/C108713360","wikidata":"https://www.wikidata.org/wiki/Q1824206","display_name":"Supply chain","level":2,"score":0.6115543842315674},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.5800760984420776},{"id":"https://openalex.org/C40700","wikidata":"https://www.wikidata.org/wiki/Q1411783","display_name":"Industrial organization","level":1,"score":0.5670579075813293},{"id":"https://openalex.org/C2778348673","wikidata":"https://www.wikidata.org/wiki/Q739302","display_name":"Production (economics)","level":2,"score":0.5106838345527649},{"id":"https://openalex.org/C2778820799","wikidata":"https://www.wikidata.org/wiki/Q3454688","display_name":"Cost reduction","level":2,"score":0.44467639923095703},{"id":"https://openalex.org/C13166094","wikidata":"https://www.wikidata.org/wiki/Q1597271","display_name":"Capacity utilization","level":2,"score":0.42215657234191895},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.34567689895629883},{"id":"https://openalex.org/C162853370","wikidata":"https://www.wikidata.org/wiki/Q39809","display_name":"Marketing","level":1,"score":0.09278208017349243},{"id":"https://openalex.org/C94625758","wikidata":"https://www.wikidata.org/wiki/Q7163","display_name":"Politics","level":2,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1561/0200000087","is_oa":true,"landing_page_url":"https://doi.org/10.1561/0200000087","pdf_url":null,"source":{"id":"https://openalex.org/S154432073","display_name":"Foundations and Trends\u00ae in Technology Information and Operations Management","issn_l":"1571-9545","issn":["1571-9545","1571-9553"],"is_oa":true,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310318575","host_organization_name":"Now Publishers","host_organization_lineage":["https://openalex.org/P4310318575"],"host_organization_lineage_names":["Now Publishers"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Foundations and Trends\u00ae in Technology, Information and Operations Management","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:now:fnttom:0200000087","is_oa":false,"landing_page_url":"http://doi.org/10.1561/0200000087","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":{"id":"doi:10.1561/0200000087","is_oa":true,"landing_page_url":"https://doi.org/10.1561/0200000087","pdf_url":null,"source":{"id":"https://openalex.org/S154432073","display_name":"Foundations and Trends\u00ae in Technology Information and Operations Management","issn_l":"1571-9545","issn":["1571-9545","1571-9553"],"is_oa":true,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310318575","host_organization_name":"Now Publishers","host_organization_lineage":["https://openalex.org/P4310318575"],"host_organization_lineage_names":["Now Publishers"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Foundations and Trends\u00ae in Technology, Information and Operations Management","raw_type":"journal-article"},"sustainable_development_goals":[{"score":0.5199999809265137,"display_name":"Industry, innovation and infrastructure","id":"https://metadata.un.org/sdg/9"}],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":0,"referenced_works":[],"related_works":["https://openalex.org/W2767550285","https://openalex.org/W2620085874","https://openalex.org/W2064496565","https://openalex.org/W2108330697","https://openalex.org/W1575661125","https://openalex.org/W4309070544","https://openalex.org/W4241842276","https://openalex.org/W2141969758","https://openalex.org/W3124376879","https://openalex.org/W1561645031"],"abstract_inverted_index":{"A":[0],"supplier":[1,31,74,86,125],"must":[2],"invest":[3,76,131],"and":[4,26,36,77,99,130],"build":[5,78,127],"specific":[6,79,92,105],"capacity":[7,25,35,80,93,106,129],"for":[8],"its":[9],"buyer":[10],"to":[11,75,126],"lower":[12],"variable":[13],"production":[14],"cost":[15,39,133],"long":[16],"before":[17],"uncertainties":[18],"have":[19],"been":[20],"resolved.":[21],"Bearing":[22],"the":[23,30,33,45,73,82,91,104,124,128,136,147,150,160],"upfront":[24],"cost-reduction":[27],"investment":[28],"costs,":[29],"under-builds":[32],"specialized":[34],"under-invests":[37],"in":[38,132],"reduction.":[40],"To":[41,145],"resolve":[42],"this":[43],"issue,":[44],"supply":[46],"chain":[47],"partners":[48],"often":[49],"rely":[50],"on":[51],"informal":[52],"agreements":[53],"plus":[54,116,162],"ex":[55,142,154],"post":[56,143,155],"renegotiation.":[57,144],"This":[58],"paper":[59],"shows":[60],"that":[61,122,174],"neither":[62],"quantity":[63,95,115,161],"commitment":[64,96],"only":[65,68,97,167],"or":[66,119,140],"price":[67,117],"initial":[69,109,114],"agreement":[70],"can":[71],"induce":[72],"at":[81,135],"channel-efficient":[83],"level.":[84],"The":[85],"will":[87,100,152,165],"over-invest":[88],"but":[89,102,164],"under-build":[90],"under":[94,107,159],"contracts,":[98],"under-invest":[101],"over-build":[103],"price-only":[108],"contracts.":[110],"There":[111],"exists":[112],"an":[113],"contract":[118,121],"option":[120],"induces":[123],"reduction":[134],"first-best":[137],"level":[138],"with":[139,156],"without":[141],"improve":[146],"channel":[148],"efficiency,":[149],"firms":[151],"renegotiate":[153,166],"probability":[157],"one":[158],"contract,":[163],"if":[168],"realized":[169],"demand":[170],"is":[171],"high":[172],"so":[173],"options":[175],"are":[176],"exercised":[177],"up.":[178]},"counts_by_year":[],"updated_date":"2026-05-21T06:26:12.895304","created_date":"2025-10-10T00:00:00"}