T. Adam, S. Dasgupta, and S. Titman, Financial Constraints, Competition, and Hedging in Industry Equilibrium, The Journal of Finance, vol.51, issue.5, pp.2445-2473, 2007.
DOI : 10.1111/j.1540-6261.1996.tb04064.x

Z. Adams and M. Gerner, Cross hedging jet-fuel price exposure, Energy Economics, vol.34, issue.5, pp.1301-1309, 2012.
DOI : 10.1016/j.eneco.2012.06.011

S. Aflaki and S. Netessine, Strategic investment in renewable energy sources: The effect of supply intermittency, 2015.

S. Aflaki, P. R. Kleindorfer, M. Polvorinos, and V. Sáenz, Finding and implementing energy efficiency projects in industrial facilities, pp.503-517, 2013.
URL : https://hal.archives-ouvertes.fr/hal-00624333

A. Alexandrov, When should firms expose themselves to risk?, Management Science, 2015.

K. Aoki and T. T. Lennerfors, Global business the new, improved keiretsu, p.109, 2013.

D. P. Baron, Price Uncertainty, Utility, and Industry Equilibrium in Pure Competition, International Economic Review, vol.11, issue.3, pp.463-480, 1970.
DOI : 10.2307/2525325

R. N. Batra and A. Ullah, Competitive Firm and the Theory of Input Demand under Price Uncertainty, Journal of Political Economy, vol.82, issue.3, pp.537-548, 1974.
DOI : 10.1086/260211

O. Boyabatli and L. B. Toktay, Operational hedging: A review with discus- sion, 2004.

O. Boyabatl? and L. B. Toktay, Stochastic Capacity Investment and Flexible vs. Dedicated Technology Choice in Imperfect Capital Markets, Management Science, vol.57, issue.12, pp.2163-2179, 2011.
DOI : 10.1287/mnsc.1110.1395

O. Boyabatl?, T. Leng, and L. B. Toktay, The Impact of Budget Constraints on Flexible vs. Dedicated Technology Choice, Management Science, vol.62, issue.1, pp.225-244, 2015.
DOI : 10.1287/mnsc.2014.2093

J. A. Brander and B. J. Spencer, Strategic Commitment with R&D: The Symmetric Case, The Bell Journal of Economics, vol.14, issue.1, pp.225-235, 1983.
DOI : 10.2307/3003549

L. Cabral, R&D Competition When Firms Choose Variance, Journal of Economics & Management Strategy, vol.12, issue.1, pp.139-150, 2003.
DOI : 10.1162/105864003321220760

G. P. Cachon and M. A. Lariviere, Supply chain coordination with revenuesharing contracts: strengths and limitations, Management science, pp.30-44, 2005.

R. Caldentey and M. B. Haugh, Supply Contracts with Financial Hedging, Operations Research, vol.57, issue.1, pp.47-65, 2009.
DOI : 10.1287/opre.1080.0521

S. Carey, Airlines pull back on hedging fuel costs, 2016.

D. A. Carter, D. A. Rogers, and B. J. Simkins, Does hedging affect firm value? evidence from the us airline industry, Financial management, pp.53-86, 2006.

Y. Che and D. B. Hausch, Cooperative Investments and the Value of Contracting, American Economic Review, vol.89, issue.1, pp.125-147, 1999.
DOI : 10.1257/aer.89.1.125

R. Cheung, Making green from green?how improving the environmental performance of supply chains can be a win-win for china and the world, 2011.

J. Chod, N. Rudi, and J. A. Van-mieghem, Operational Flexibility and Financial Hedging: Complements or Substitutes?, Management Science, vol.56, issue.6, pp.1030-1045, 2010.
DOI : 10.1287/mnsc.1090.1137

C. J. Corbett and G. A. Decroix, Shared-Savings Contracts for Indirect Materials in Supply Chains: Channel Profits and Environmental Impacts, Management Science, vol.47, issue.7, pp.47-881, 2001.
DOI : 10.1287/mnsc.47.7.881.9802

A. Cukierman, The Effects of Uncertainty on Investment under Risk Neutrality with Endogenous Information, Journal of Political Economy, vol.88, issue.3, pp.462-475, 1980.
DOI : 10.1086/260880

D. F. Drake, Carbon Tariffs: Impacts on Technology Choice, Regional Competitiveness, and Global Emissions, SSRN Electronic Journal, 2011.
DOI : 10.2139/ssrn.1946256
URL : http://www.hbs.edu/research/pdf/12-029.pdf

D. F. Drake, P. R. Kleindorfer, and L. N. Van-wassenhove, Technology choice and capacity portfolios under emissions regulation, 2015.
DOI : 10.2139/ssrn.1702186
URL : https://dash.harvard.edu/bitstream/1/28538405/1/drake%2ckleindorfer%2cwassenhove_2015-10-06_tech-choice.pdf

J. C. Eberly and J. A. Van-mieghem, Multi-factor Dynamic Investment under Uncertainty, Journal of Economic Theory, vol.75, issue.2, pp.345-387, 1997.
DOI : 10.1006/jeth.1996.2281

A. S. Edlin and S. Reichelstein, Holdups, standard breach remedies, and optimal investment, 1995.

L. Epstein, Production flexibility and the behaviour of the competitive firm under price uncertainty, The Review of Economic Studies, pp.251-261, 1978.

D. Farrell, J. Remes, F. Bressand, M. Laabs, and A. Sundaram, The case for investing in energy productivity, 2008.

J. Farrell, R. Gilbert, and M. L. Katz, Market structure, organizational structure , and r&d diversity, 2002.

L. Fleming, Recombinant uncertainty in technological search, Management science, pp.117-132, 2001.

E. Fragnì-ere, J. Gondzio, and X. Yang, Operations risk management by optimally planning the qualified workforce capacity, European Journal of Operational Research, vol.202, issue.2, pp.518-527, 2010.
DOI : 10.1016/j.ejor.2009.05.026

K. A. Froot, D. S. Scharfstein, and J. C. Stein, Risk Management: Coordinating Corporate Investment and Financing Policies, The Journal of Finance, vol.18, issue.5, pp.1629-1658, 1993.
DOI : 10.2307/3665893
URL : http://www.people.hbs.edu/dscharfstein/Articles/Risk_Management.pdf

S. M. Gilbert and V. Cvsa, Strategic commitment to price to stimulate downstream innovation in a supply chain, European Journal of Operational Research, vol.150, issue.3, pp.617-639, 2003.
DOI : 10.1016/S0377-2217(02)00590-8

V. Goel and I. E. Grossmann, A class of stochastic programs with decision dependent uncertainty, Mathematical programming, pp.355-394, 2006.

A. Goldberg, E. Holdaway, J. Reinaud, and S. O-'keeffe, Promoting energy savings and ghg mitigation through industrial supply chain initiatives, 2012.

C. Gollier, The economics of risk and time, 2004.

M. Goyal and S. Netessine, Strategic Technology Choice and Capacity Investment Under Demand Uncertainty, Management Science, vol.53, issue.2, pp.192-207, 2007.
DOI : 10.1287/mnsc.1060.0611
URL : https://repository.upenn.edu/cgi/viewcontent.cgi?article=1111&context=oid_papers

O. Hart and J. Moore, Incomplete Contracts and Renegotiation, Econometrica, vol.56, issue.4, pp.755-785, 1988.
DOI : 10.2307/1912698

R. Hartman, Factor demand with output price uncertainty, The American Economic Review, pp.675-681, 1976.

D. F. Hawkins and G. J. Weyns, Metallgesellschaft AG., Harvard Business School Case, pp.194-097, 1994.

M. Holder, Ikea argues for businesses to go all-in on sustainability, 2016.

E. I. Hoppe and P. W. Schmitz, Can contracts solve the hold-up problem? Experimental evidence, Games and Economic Behavior, vol.73, issue.1, pp.186-199, 2011.
DOI : 10.1016/j.geb.2010.12.002

G. Huberman and C. Kahn, Limited contract enforcement and strategic renegotiation, The American Economic Review, pp.471-484, 1988.

, Operational fuel efficiency, IATA, 2015.

T. Iida, Coordination of cooperative cost-reduction efforts in a supply chain partnership, European Journal of Operational Research, vol.222, issue.2, pp.180-190, 2012.
DOI : 10.1016/j.ejor.2012.03.029

G. Iyer and J. M. Villas-boas, A Bargaining Theory of Distribution Channels, Journal of Marketing Research, vol.40, issue.1, pp.80-100, 2003.
DOI : 10.1509/jmkr.40.1.80.19134

A. P. Jeuland and S. M. Shugan, Managing channel profits, Marketing science, pp.239-272, 1983.

S. Kim and S. Netessine, Collaborative Cost Reduction and Component Procurement Under Information Asymmetry, Management Science, vol.59, issue.1, pp.189-206, 2013.
DOI : 10.1287/mnsc.1120.1573

P. R. Kleindorfer, K. Singhal, and L. N. Wassenhove, Sustainable operations management, pp.482-492, 2005.

P. R. Kleindorfer, A. Neboian, A. Roset, and S. Spinler, Fleet renewal with electric vehicles at la poste, Interfaces, pp.42-465, 2012.

A. Kok, K. Shang, and S. , Impact of Electricity Pricing Policy on Renewable Energy Investments and Carbon Emissions, SSRN Electronic Journal, 2014.
DOI : 10.2139/ssrn.2525940

D. Krass, T. Nedorezov, and A. Ovchinnikov, Environmental Taxes and the Choice of Green Technology, Production and Operations Management, vol.14, issue.2, pp.1035-1055, 2013.
DOI : 10.1016/S0176-2680(97)00048-7

H. Levy and H. M. Markowitz, Approximating expected utility by a function of mean and variance, The American Economic Review, pp.308-317, 1979.

J. D. Linton, R. Klassen, and V. Jayaraman, Sustainable supply chains: An introduction, Journal of Operations Management, vol.25, issue.6, pp.1075-1082, 2007.
DOI : 10.1016/j.jom.2007.01.012

A. S. Manne, Capacity Expansion and Probabilistic Growth, Econometrica, vol.29, issue.4, pp.632-649, 1961.
DOI : 10.2307/1911809

A. Mas-colell, M. D. Whinston, and J. R. Green, Microeconomic theory, 1995.

T. W. Mcguire and R. Staelin, An Industry Equilibrium Analysis of Downstream Vertical Integration, Marketing Science, vol.2, issue.2, pp.161-191, 1983.
DOI : 10.1287/mksc.2.2.161

K. S. Moorthy, Comment???Managing Channel Profits: Comment, Marketing Science, vol.6, issue.4, pp.375-379, 1987.
DOI : 10.1287/mksc.6.4.375

P. Morrell and W. Swan, Airline Jet Fuel Hedging: Theory and Practice, Transport Reviews, vol.2, issue.6, pp.713-730, 2006.
DOI : 10.2307/2977928

G. Moschini and H. Lapan, Hedging Price Risk with Options and Futures for the Competitive Firm with Production Flexibility, International Economic Review, vol.33, issue.3, pp.607-618, 1992.
DOI : 10.2307/2527128

G. Moschini and H. Lapan, The hedging role of options and futures under joint price, basis, and production risk, International economic review, pp.1025-1049, 1995.

J. F. Nash-jr, The bargaining problem, Econometrica: Journal of the Econometric Society, pp.155-162, 1950.

W. Y. Oi, The Desirability of Price Instability Under Perfect Competition, Econometrica, vol.29, issue.1, pp.58-64, 1961.
DOI : 10.2307/1907687

E. L. Plambeck, Reducing greenhouse gas emissions through operations and supply chain management, Energy Economics, vol.34, pp.64-74, 2012.
DOI : 10.1016/j.eneco.2012.08.031

E. L. Plambeck and T. A. Taylor, On the value of input efficiency, capacity efficiency , and the flexibility to rebalance them, Manufacturing & Service Operations Management, pp.630-639, 2013.

J. W. Pratt, Risk aversion in the small and in the large, in Stochastic Optimization Models in Finance, pp.115-130, 1975.

L. B. Pulley, Mean-Variance Approximations to Expected Logarithmic Utility, Operations Research, vol.31, issue.4, pp.685-696, 1983.
DOI : 10.1287/opre.31.4.685

A. A. Rampini and S. Viswanathan, Collateral, Risk Management, and the Distribution of Debt Capacity, The Journal of Finance, vol.14, issue.6, pp.2293-2322, 2010.
DOI : 10.1016/0304-405X(85)90024-8

A. A. Rampini and S. Viswanathan, Collateral and capital structure, Collateral and capital structure, pp.466-492, 2013.
DOI : 10.1016/j.jfineco.2013.03.002

A. A. Rampini, A. Sufi, and S. Viswanathan, Dynamic risk management, Dynamic risk management, pp.271-296, 2014.
DOI : 10.1016/j.jfineco.2013.10.003

W. P. Rogerson, Contractual Solutions to the Hold-Up Problem, The Review of Economic Studies, vol.59, issue.4, pp.777-793, 1992.
DOI : 10.2307/2297997

A. Rubinstein, Perfect Equilibrium in a Bargaining Model, Econometrica, vol.50, issue.1, pp.97-109, 1982.
DOI : 10.2307/1912531

A. Sandmo, On the theory of the competitive firm under price uncertainty, The American Economic Review, vol.61, issue.1, pp.65-73, 1971.

P. W. Schmitz, The Hold-Up Problem and Incomplete Contracts: A Survey of Recent Topics in Contract Theory, Bulletin of Economic Research, vol.53, issue.1, pp.1-17, 2001.
DOI : 10.1111/1467-8586.00114

I. Segal and M. D. Whinston, The Mirrlees Approach to Mechanism Design with Renegotiation (with Applications to Hold-up and Risk Sharing), Econometrica, vol.70, issue.1, pp.1-45, 2002.
DOI : 10.1111/1468-0262.t01-1-00268

S. Seuring and M. Müller, From a literature review to a conceptual framework for sustainable supply chain management, Journal of Cleaner Production, vol.16, issue.15, pp.1699-1710, 2008.
DOI : 10.1016/j.jclepro.2008.04.020

S. Shaffer, Competition, conduct and demand elasticity, Economics Letters, vol.10, issue.1-2, pp.167-171, 1982.
DOI : 10.1016/0165-1765(82)90132-X

B. J. Spencer and J. A. Brander, Pre-commitment and flexibility, European Economic Review, vol.36, issue.8, pp.1601-1626, 1992.
DOI : 10.1016/0014-2921(92)90008-K

G. Stilmant, The hold-up problem in supply chain management: Literature review and practical implications of its solutions, 2015.

J. Tirole, The theory of industrial organization, 1988.

J. Tirole, Incomplete Contracts: Where do We Stand?, Econometrica, vol.67, issue.4, pp.741-781, 1999.
DOI : 10.1111/1468-0262.00052

B. Tomlin, Capacity investments in supply chains: Sharing the gain rather than sharing the pain, Manufacturing & Service Operations Management, pp.317-333, 2003.

S. D. Treanor, D. A. Carter, D. A. Rogers, and B. J. Simkins, Operational and financial hedging: friend or foe? evidence from the us airline industry, Journal of Accounting and Finance, vol.13, issue.6, pp.64-91, 2013.

S. J. Turnovsky, Production Flexibility, Price Uncertainty and the Behavior of the Competitive Firm, International Economic Review, vol.14, issue.2, pp.395-413, 1973.
DOI : 10.2307/2525929

J. A. Van-mieghem, Commissioned paper: Capacity management, investment , and hedging: Review and recent developments, Manufacturing & Service Operations Management, pp.269-302, 2003.

J. Viaene and I. Zilcha, The Behavior of Competitive Exporting Firms under Multiple Uncertainty, International Economic Review, vol.39, issue.3, pp.591-609, 1998.
DOI : 10.2307/2527391

H. Wang and . Lutsey, Long-term potential for increased shipping efficiency through the adoption of industry-leading practices, Tech. rep., The International Council of Clean Transportation, 2013.

W. Wang, M. E. Ferguson, S. Hu, and G. C. Souza, Dynamic capacity investment with two competing technologies, Manufacturing & Service Operations Management, pp.616-629, 2013.

P. Weaver, L. Jansen, G. Van-grootveld, E. Van-spiegel, and P. Vergragt, Sustainable technology development, 2017.

Q. Zhu, J. Sarkis, and K. Lai, Green supply chain management: pressures, practices and performance within the Chinese automobile industry, Journal of Cleaner Production, vol.15, issue.11-12, pp.15-1041, 2007.
DOI : 10.1016/j.jclepro.2006.05.021