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Communication in Vertical Markets : Experimental Evidence

Möllers, Claudia - 2016

-known commitment problem by introducing communication. Allowing the upstream firm to chat privately with each downstream firm reduces … total offered quantity from near the Cournot level (observed in the absence of communication) halfway toward the monopoly … bargaining advantage from open communication that all of the gains from monopolizing the market accrue to them. A simple …

Persistent link: https://www.econbiz.de/10012992661

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

Vertical Arrangements, Market Structure, and Competition an Analysis of Restructured U.S. Electricity Markets

Bushnell, James B. - 2007

This paper examines vertical arrangements in electricity markets. Vertically integrated wholesalers, or those with long-term contracts, have less incentive to raise wholesale prices when retail prices are determined beforehand. For three restructured markets, we simulate prices that define...

Persistent link: https://www.econbiz.de/10012775797

How Does Outsourcing Affect Performance Dynamics? Evidence from the Automobile Industry

Novak, Sharon - 2015

This paper examines the impact of vertical integration on the dynamics of performance over the automobile product development lifecycle. Building on recent work in organizational economics and strategy, we evaluate the relationship between vertical integration and different performance margins....

Persistent link: https://www.econbiz.de/10012750358

Outsourcing When Investments are Specific and Complementary

Lileeva, Alla - 2014

Using the universe of large Canadian manufacturing firms in 1988 and 1996, we investigate to what extent outsourcing decision can be explained by a simple property rights model. The unique availability of disaggregate information on outputs as well as inputs permits the construction of a very...

Persistent link: https://www.econbiz.de/10012751128

Complementarity Among Vertical Integration Decisions : Evidence from Automobile Product Development

Novak, Sharon - 2014

This paper examines complementarity among vertical integration decisions in automobile product development. Though most research assumes that contracting choices are independent of each other, contracting complementarity arises when the returns to a single vertical integration decision are...

Persistent link: https://www.econbiz.de/10012751883

The Riddle of the Great Pyramids

Morck, Randall - 2013

Large pyramidal family controlled business groups are the predominant form of business organization outside America, Britain, Germany, and Japan. Large pyramidal groups comprising dozens, even hundreds, or listed and unlisted firms place the governance of large swathes of many countries' big...

Persistent link: https://www.econbiz.de/10012753143

Vertical Integration, Institutional Determinants and Impact : Evidence from China

Fan, Joseph P. H. - 2013

Where legal systems and market forces enforce contracts inadequately, vertical integration can circumvent these transaction difficulties. But, such environments often also feature highly interventionist government, and even corruption. Vertical integration might then enhance returns to political...

Persistent link: https://www.econbiz.de/10012753256

Vertical Integration, Supplier Behavior, and Quality Upgrading Among Exporters

Hansman, Christopher - 2017

We study the relationship between firms' output quality and their choice of organizational structure. To do so, we use data on each step of the production and transaction chain that makes up Peruvian fishmeal manufacturing. We first show that quality upgrading is an important motive for...

Persistent link: https://www.econbiz.de/10012945154

Does Multispecialty Practice Enhance Physician Market Power?

Baker, Laurence Claude - 2017

In markets for health services, vertical integration – common ownership of producers of complementary services – may have both pro- and anti-competitive effects. Despite this, no empirical research has examined the consequences of multispecialty physician practice – a common and increasing...

Persistent link: https://www.econbiz.de/10012946495