Matsushima, Noriaki; Shinohara, Ryusuke - In: Journal of Economic Behavior & Organization 106 (2014) C, pp. 428-441
The purpose of this paper is to provide a simple model to explain buyer–supplier relationships and identify factors … that determine the chosen number of trading partners. We show that the optimal number of partners for a supplier is small … model by incorporating the supplier's quality investment and show that the investment level can be higher when the number of …