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Supplier enchroachment and consumer welfare : upstream firm's opportunism and multichannel distribution

Pan, Cong - 2018

consumer welfare. This result holds even when the manufacturer is very efficient in direct selling. …

Persistent link: https://www.econbiz.de/10011804750

Price vs. quantity competition in a vertically related market revisited

Basak, Debasmita; Mukherjee, Arijit - 2016

Letters, 124: 122-126) show that in a vertically related market Cournot competition yields higher social welfare compared to … of input they purchase. We show that the welfare ranking may be reversed once we introduce a nonnegativity constraint on …

Persistent link: https://www.econbiz.de/10011569602

Exclusive Content in Two-Sided Markets

Ishihara, Akifumi - 2020

This study investigates the role of exclusive content provision in two-sided markets where both sides are allowed to join multiple platforms. We consider a model of duopolistic two-sided platform market with a monopolistic multi-product (content) firm on one side, and consumers on the other. The...

Persistent link: https://www.econbiz.de/10012854467

Vertical Integration and Bargaining : Linear vs Two-part tariffs

Kourandi, Frago; Pinopoulos, Ioannis - 2021

We examine the implications of different contractual forms for welfare as well as for firms’ profits in a framework in …, the standard result of the desirability of two-part tariffs over linear contracts in terms of welfare may be reversed. We … obtain that the linear contract can generate higher consumer surplus and welfare than the two-part tariff when the …

Persistent link: https://www.econbiz.de/10013225988

When Sharing Platforms Fix Sellers' Prices

Nowag, Julian - 2018

While price-fixing on platforms can attract severe enforcement action, as shown by the Amazon poster case, a more nuanced picture emerges regarding the fixing of prices for sellers by sharing economy platforms. This paper explores possible antitrust responses to such centralised platform-driven...

Persistent link: https://www.econbiz.de/10012914371

A Price Theory of Vertical and Lateral Integration under Productivity Heterogeneity

Dam, Kaniska - 2020

We analyze the interplay between product market prices and firm boundary decisions. Enterprises are heterogeneous with respect to their productivities and each enterprise chooses between two ownership structures--centralized ownership (integration) performs well in coordinating managerial...

Persistent link: https://www.econbiz.de/10012857012

Japanese Firms' Markups and Firm-to-firm Transactions

Nakamura, Tsuyoshi; Ohashi, Hiroshi - 2022

Markup, or the ratio of price to cost, depends on the firm's attributes and the market environment where the firm operates. This paper empirically studies the relationship between the markups of firms and their firm-to-firm transactional status. More specifically, we analyze the correlation...

Persistent link: https://www.econbiz.de/10014077049

Strategic Motives for Vertical Separation : Evidence from Retail Gasoline Markets

Slade, Margaret Emily - 1998

Manufacturers can choose to remain separate from their retailers for both incentive and strategic reasons. In this paper, strategic motives for vertical separation are examined empirically. Two data sets are used for the assessment. The first is a cross section of all contracts between private,...

Persistent link: https://www.econbiz.de/10014074031

Bertrand and Cournot Competition with Network Effects and Input Pricing Strategy

Choi, Kangsik - 2019

externalities. However, the irrelevance results hold in equilibrium: the levels of social welfare, retailers' and manufacturer …

Persistent link: https://www.econbiz.de/10012896682

Price Setting on a Network

Hinnosaar, Toomas - 2019

network. The key distortion reducing both total profits and social welfare is multiple-marginalization, which is magnified by …

Persistent link: https://www.econbiz.de/10012899404