Inderst, Roman; Wey, Christian - Abteilung "Wettbewerbsfähigkeit und industrieller … - 2003
incentives to undertake non-contractible activities. We first identify two chan-nels of buyer power, which allows larger buyers … to obtain discounts. We subsequently exam-ine the effects of buyer power on the supplier's incentives and on social … welfare. Contrary to some informal claims in the policy debate on buyer power, we find that the exercise of buyer power - even …