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relationship breakdown risks. When contract enforcement institutions are weak, the optimal within-relationship provision dynamics …
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A manufacturer chooses the optimal retail market structure and bilaterally and secretly contracts with each (homogeneous) retailer. In a classic framework without asymmetric information, the manufacturer sells through a single exclusive retailer in order to eliminate the opportunism problem....
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interest in the coordination aspect of the contract scholarship. The aim of this conceptual paper is to model blockchain as a … can be further used to integrate coordination and contract scholarship. …
Persistent link: https://www.econbiz.de/10012214932
We provide a theory of how RPM facilitate upstream cartels absent any information asymmetries using a model with … manufacturer and retailer competition. Because retailers have an effective outside option to each manufacturer's contract, the … manufacturers can only ensure contract acceptance by leaving a sufficient margin to the retailers. This restricts the wholesale …
Persistent link: https://www.econbiz.de/10012438202
We provide a novel explanation for why manufacturers want to enforce a minimum resale price (min RPM) on retailers. A manufacturer sells her good via a multi-product retailer to final consumers by charging a linear wholesale price. The manufacturer then maximizes her profit through min RPM...
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According to economic theory, the price of parking must vary with the demand for this good. We study the economic …
Persistent link: https://www.econbiz.de/10011508666