Narrow search
Showing 1 - 10 of 101
Cover Image
Vertical Integration and Optimal Reimbursement Policy
Afendulis, Chris - 2011
Health care providers may vertically integrate not only to facilitate coordination of care, but also for strategic reasons that may not be in patients' best interests. Optimal Medicare reimbursement policy depends upon the extent to which each of these explanations is correct. To investigate, we...
Persistent link: https://www.econbiz.de/10013120946
Cover Image
Incomplete Contracts and Industrial Organization
Grossman, Gene M.; Helpman, Elhanan - 2021
the components they need in the quantity and type that maximizes profits, but they face a relatively high cost of …
Persistent link: https://www.econbiz.de/10013223318
Cover Image
Effects of Product Availability : Experimental Evidence
Conlon, Christopher T. - 2010
documents the importance of stocking decisions for firm profits, vertical relationships, or consumers. We conduct several …
Persistent link: https://www.econbiz.de/10013136549
Cover Image
A Theory of the Firm Based on Partner Displacement
Hellmann, Thomas F. - 2014
We develop a new theory of the firm where asset owners sometimes want to change partners ex-post. The model identifies a fundamental trade-off between (i) a "displacement externality" under non-integration, where a partner leaves a relationship even though the benefit is worth less than the loss...
Persistent link: https://www.econbiz.de/10013065174
Cover Image
Why Do Firms Own Production Chains?
Atalay, Enghin - 2014
We use broad-based yet detailed data from the economy's goods-producing sectors to investigate firms' ownership of production chains. It does not appear that vertical ownership is primarily used to facilitate transfers of goods along the production chain, as is often presumed: Roughly one-half...
Persistent link: https://www.econbiz.de/10013066186
Cover Image
Vertical Integration and Market Structure
Bresnahan, Timothy - 2014
Contractual theories of vertical integration derive firm boundaries as an efficient response to market transaction costs. These theories predict a relationship between underlying features of transactions and observed integration decisions. There has been some progress in testing these...
Persistent link: https://www.econbiz.de/10013066521
Cover Image
Vertical Multinationals and Host-Country Characteristics
Zhang, Kevin H. - 2008
The literature on multinationals and developing countries has examined the causalityquot; running from direct investment to changes in country characteristics (wages skills, etc.) and also the opposite direction of causality, from existing country characteristics toquot; inward direct...
Persistent link: https://www.econbiz.de/10012774926
Cover Image
Vertical Arrangements, Market Structure, and Competition an Analysis of Restructured U.S. Electricity Markets
Bushnell, James - 2007
-term contracts, have less incentive to raise wholesale prices when retail prices are determined beforehand. For three restructured … markets, we simulate prices that define bounds on static oligopoly equilibria. Our findings suggest that vertical arrangements … imply vastly higher prices than observed and production inefficiencies costing over 45 percent of those production costs …
Persistent link: https://www.econbiz.de/10012775797
Cover Image
Organizing Global Supply Chains : Input Cost Shares and Vertical Integration
Berlingieri, Giuseppe - 2018
We study how the technological importance of inputs – measured by cost shares – is related to the decision to “make” or “buy” that input. Using detailed French international trade data and an instrumental variable approach based on self-constructed input-output tables, we show that...
Persistent link: https://www.econbiz.de/10012907454
Cover Image
Vertical Integration, Supplier Behavior, and Quality Upgrading Among Exporters
Hansman, Christopher - 2017
—the relative price of high quality output—rises for exogenous reasons, but not when average or low quality prices rise. The greater …
Persistent link: https://www.econbiz.de/10012945154