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This paper examines the unique vulnerability of small, atomistic sellers – including small businesses, farmers, ranchers, fishermen, professionals, and athletes – to buyer power abuses. Because of sunk costs in carrying out a chosen business or profession, atomistic sellers are likely to be...
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This paper investigates the effects of changes in retail market concentration when input prices are negotiated. Results are derived from a model of bilateral Nash-bargaining between upstream and downstream firms which allows for general forms of demand and retail competition. Whether...
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Given various recent antitrust investigations on the retail sector, we deal with uncovering demand systems substitution patterns for a particular market (diapers) to investigate the inter-format competition (supermarkets vs. discounters vs. drugstores). Using the uncovered demand system we...
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