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This paper examines how delivery tariffs and private quality standards are determined in vertical relations that are subject to asymmetric information. We consider an infinitely repeated game where an upstream firm sells a product to a downstream firm. In each period, the firms negotiate a...
Persistent link: https://www.econbiz.de/10010304702
We investigate the effect of banning resale-below-cost offers. There are two retailers with heterogeneous bargaining positions in relation to a monopolistic manufacturer. Each retailer sells two goods: one procured from the monopolistic manufacturer and the other, from a competitive fringe. In...
Persistent link: https://www.econbiz.de/10010332458
This paper highlights the strategic role of private quality standards in vertical relations. Considering two symmetric downstream firms that are exclusively supplied by a finite number of upstream firms, we show that there exist asymmetric equilibria in the downstream firms' quality...
Persistent link: https://www.econbiz.de/10010270172
We develop a model of international roaming in which mobile network operators (MNOs) compete both on the wholesale market to sell roaming services to foreign operators and on the retail market for subscribers. The operators own a network infrastructure only in their home country. To allow their...
Persistent link: https://www.econbiz.de/10010279387
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We investigate the effect of banning resale-below-cost offers. There are two retailers with heterogeneous bargaining positions in relation to a monopolistic manufacturer. Each retailer sells two goods: one procured from the monopolistic manufacturer and the other, from a competitive fringe. In...
Persistent link: https://www.econbiz.de/10009750420
Persistent link: https://www.econbiz.de/10013259804
Persistent link: https://www.econbiz.de/10013259839