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 …

buyer’s social capital and its supply chain relationships with the principal supplier. No such link was found between the … buyer and its most recently chosen supplier. …This study examines the relationship of social capital among buyers and their principal supplier and their most …

In this paper, we investigate the damage to real-sector investment spending and corporate financing activities … triggered by the failure of three major investment banks during the 2007-09 financial crisis. We find that firms characterized … by pre-crisis corporate investment banking relationships with troubled investment banks exhibit significantly lower post …

award the entire production to a single supplier. We examine the effect of using multiple suppliers on investment incentives …This paper studies procurement contracts where a buyer can either divide full production among multiple suppliers or …. In a framework of generalized second-price auctions with pre-auction investment, we show that the optimality of split …

This paper examines the effect of salvage market on strategic technology choice and capacity investment decision of two … of capacity investment: flexible firm makes decision about general and specific components’ capacity and inflexible firm …