:First-----::identicalcopies;B:inventorybackorder;s:inventory;,thebuyerincursafixedcostr≥’sexpectedcostisequaltoThevendor’’sexpectedpayoffasThevendor’sexpectedpayoffisgivenbyRBC:PBC:,whopossessesprivateinformationaboutthereliabilityofanewlydevelopedproduct,(PBE)thatisalsorenegotiation-:First-pleteInformationGiventhevendortypeτ,thefirst--BasedContractThevalueofαsetbythevendorinhercontractmayrelayinformationaboutwhetherornottheproductisreliable.
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