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We explore the strategic role of private quality standards in food supply chains. Considering two symmetric retailers that are exclusively supplied by a finite number of producers and endogenizing the suppliers' delivery choice, we show that there exist two asymmetric equilibria in the...
Persistent link: https://www.econbiz.de/10010956784
This paper highlights the strategic role retailers private quality standards play in food supply chains. Considering two symmetric downstream firms that are exclusively supplied by a finite number of upstream firms and letting the upstream firms decide which retailer to supply, we show that...
Persistent link: https://www.econbiz.de/10009322832
Persistent link: https://www.econbiz.de/10009326219
A manufacturer contracting secretly with several downstream competitors faces an opportunism problem, preventing it from exerting its market power. In an infinitely repeated game, the opportunism problem can be relaxed. We show that the upstream firm's market power can be restored even further...
Persistent link: https://www.econbiz.de/10011122315
We explore the strategic role of private quality standards in food supply chains. Considering two symmetric retailers that are exclusively supplied by a finite number of producers and endogenizing the suppliers' delivery choice, we show that there exist two asymmetric equilibria in the...
Persistent link: https://www.econbiz.de/10010581343
Consumer goods undergo a series of transformations and transactions before they reach the consumer. Their quality is, therefore, determined by the qualities obtained at each single step of the value chain. Consequently, quality assurance along the whole value chain is of utmost importance for...
Persistent link: https://www.econbiz.de/10008550475
Persistent link: https://www.econbiz.de/10008346926
In recent years, there has been much discussion about biochar - a carbonaceous product of heating biomass - as a promising technique for mitigating climate change. In particular, this method has the potential to remove carbon dioxide from the atmosphere in the long term by incorporating biochar...
Persistent link: https://www.econbiz.de/10011128817
In recent years, there has been much discussion about biochar - a carbonaceous product made of biomass - as a promising technique for mitigating climate change. In particular, this method has the potential to remove carbon dioxide from the atmosphere for the long term by incorporating biochar...
Persistent link: https://www.econbiz.de/10011266543
Persistent link: https://www.econbiz.de/10011268377