Narrow search
Showing 1 - 10 of 210
Cover Image
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/10012456456
Cover Image
Data Analysis, Communication, and Control
Welsch, Roy E. - 1974
The role of data analysis in communication, persuasion, and decision-making is discussed. Some problems with current … data-analysis practice are presented, including communication, complex models, large data bases, one-pass processing, rigid …
Persistent link: https://www.econbiz.de/10012479059
Cover Image
Keiretsu and Relationship-Specific Investment : A Barrier to Trade?
Spencer, Barbara J. - 2000
This paper develops a model of informal procurement within Japanese keiretsu so as to consider effects on intermediate-good imports, such as auto parts. Parts-suppliers make relationship-specific investments that benefit the auto-maker and prices are determined by bargaining after investment has...
Persistent link: https://www.econbiz.de/10012471203
Cover Image
Incomplete Contracts and Industrial Organization
Grossman, Gene M. - 1999
We develop an equilibrium model of industrial structure in which the organization of firms is endogenous. Differentiated consumer products can be produced either by vertically integrated firms or by pairs of specialized companies. Production of each variety of consumer good requires a unique,...
Persistent link: https://www.econbiz.de/10012471481
Cover Image
Structural Empirical Analysis of Contracting in Vertical Markets
Lee, Robin S.; Whinston, Michael D.; Yurukoglu, Ali - National Bureau of Economic Research - 2021
This chapter presents an overview of advances in the structural analysis of contracting in vertical markets over the past fifteen years. We provide a discussion of theoretical models of contracting and bargaining that form the basis of recent empirical work, and then present common approaches...
Persistent link: https://www.econbiz.de/10012629502
Cover Image
Does Physician-Hospital Vertical Integration Signal Care-Coordination? Evidence from Mover-Stayer Analyses of Commercially Insured Enrollees
Encinosa, William E.; Dor, Avi; PhuongGiang Nguyen - National Bureau of Economic Research - 2021
We examine the impacts of physician-hospital integration on care fragmentation and other measures of care-coordination using a dynamic model of movers and stayers in commercially insured plans. Although recent growth in the share of practicing physicians belonging to these vertical organizations...
Persistent link: https://www.econbiz.de/10012794636
Cover Image
Vertical Differentiation in Frictional Product Markets
Albrecht, James W.; Menzio, Guido; Vroman, Susan B. - National Bureau of Economic Research - 2021
We consider a version of the imperfect competition model of Butters (1977), Varian (1980) and Burdett and Judd (1983) in which sellers make an ex-ante investment in the quality of their variety of the product. Equilibrium exists, is unique and is efficient. In equilibrium, search frictions not...
Persistent link: https://www.econbiz.de/10012794645
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/10012480937
Cover Image
Vertical Integration of Healthcare Providers Increases Self-Referrals and Can Reduce Downstream Competition : The Case of Hospital-Owned Skilled Nursing Facilities
Cutler, David M. - 2020
The landscape of the U.S. healthcare industry is changing dramatically as healthcare providers expand both within and across markets. While federal antitrust agencies have mounted several challenges to same-market combinations, they have not challenged any non-horizontal affiliations - including...
Persistent link: https://www.econbiz.de/10012482523
Cover Image
Vertical Integration and Production Inefficiency in the Presence of a Gross Receipts Tax
Hansen, Benjamin; Miller, Keaton S.; Weber, Caroline - National Bureau of Economic Research - 2021
We quantify the effects of a gross receipts tax (GRT) on vertical integration for the first time. We use data from the Washington state recreational cannabis industry, which has numerous advantages including a clean natural experiment: a 25% GRT imposed on cannabis firms was subsequently...
Persistent link: https://www.econbiz.de/10012482693