This paper faces two questions concerning Joint Ventures (JV) agreements. First, we study how the partners contribution affect the creation and the profit sharing of a JV when partners' effort is not observable. Then, we see whether such agreements are easier to enforce when the decision on JV...

This paper investigates the relation between asymmetries in the distribution of shares in joint ventures and asymmetries between the parent companies. When the joint venture and the parent companies are controlled by separate entities, we provide a simple formula to compute the optimal ownership...

The aim of this work is to give a perspective about the utility of the strategic alliances from the view of three theories: The resource-based theory, the industry-based theory and the institutional-based theory. The raised hypotheses were that the strategic alliances are useful to enter to the...

The aim of this work is to give a perspective about the utility of the strategic alliances from the view of three theories: The resource-based theory, the industry-based theory and the institutional-based theory. The raised hypotheses were that the strategic alliances are useful to enter to the...

Full paper is available at: "https://ssrn.com/abstract=3452497" https://ssrn.com/abstract=3452497Supplemental Material to the article "Buyer Alliances in Vertically Related Market". I first develop a model of vertical relationships that provides theoretical grounds for the status quo effect and...

Supplement is available at: "https://ssrn.com/abstract=3452506" https://ssrn.com/abstract=3452506Alliances of buyers to negotiate input prices with suppliers are commonplace. Using pre- and post-alliances data on household purchases of bottled water, I develop a structural model of bilateral...

This paper examines vertical relationships in which a monopolistic upstream producer supplies a product through downstream distributors to consumers who may access multiple distributors (i.e., multi-homing). Given that there are multi-homing consumers, exclusive supply of a product induces more...

This paper addresses two questions concerning Joint Venture (JV) agreements. We first study the formation and the performance of a JV when the partners' contribution has a different impact on the JV profits. Then, we check whether the JV is more likely as well as the welfare level improves when...

We analyze a model of cost-reducing R&D and compatibility decisions by two platforms. After an exogenous improvement in the efficiency of R&D, each platform has a heightened incentive to make its software incompatible with the rival's hardware device to avoid being dominated in the hardware...

We consider a vertically integrated input monopolist supplying to a differentiated downstream rival. With linear input pricing, at the margin the firm unambiguously wants the rival to expand — unlike standard oligopoly with no supply relationship — for either Cournot or Bertrand competition....