WAN, Zhixi; Beil, Damian R. - HEC Paris (École des Hautes Études Commerciales) - 2009
In this paper, the authors examine a supply base diversification problem faced by a buyer who periodically holds … shocks to procurement, the buyer can diversify her supply base by selecting suppliers from different regions. The authors … find that the optimal degree of supply base diversification depends on the buyer’s bargaining power, i.e., the buyer …