This research aims to provide insights into the determinants of channel profitability and the relative power in the channel by considering consumer demand and the interactions between manufacturers and retailers in an equilibrium model. We use the Nash bargaining solution to determine wholesale...

In this paper we make inferences about wholesale price discrimination and uniform wholesale pricing policy. This is an important question when there is a policy goal to enforce uniform wholesale price legislation in a variety of markets and we address this question by simulating the effects of...

In this paper, we consider the question and present evidence as to whether or not Benford's exponential first significant digit (FSD) law reflects a fundamental principle behind the complex and nondeterministic nature of large-scale physical and behavioral systems. As a behavioral example, we...

The typical situation faced by antitrust authorities is to analyze a proposed manufacturer merger using scanner data at retail-level. I start with a benchmark model of manufacturers' and retailers' sequential pricing behavior. Then I perform counterfactual experiments to explore the relationship...