This paper focuses on price transmission in a vertically-related set-up where the retail stage may exercise oligopoly and/or oligopsony power, an issue addressed by the UK anti-trust authority investigation of the food retailing sector. From a theoretical perspective, we set out simple tests...

In this paper, we aim to model the vertical relation between retailers and suppliersin the food industry whereby retailers exercise seller power in their relation with consumersand buyer power in their relation with producers. We then evaluate the degree of pricetransmission, relative to the...

This paper is concerned with the impact of food scares, principally the BSE crisis, in the UK and focuses on price adjustment at different stages in a vertically-related market. Our interest is motivated primarily by the presence of market power that is alleged to occur in UK food retailing....

Since the beginning of the 1990s the shareholder value concept is discussed intensively as being amanagement concept especially for listed enterprises. In contrast to the immense relevance of smalland medium enterprises (SME) for the German economy, value orientation of the management ofSMEs is...

Recent econometric studies only emphasize the role of longterm demand expectations and technological capability. They neglect the impact of buyer market structure on innovative efforts of input suppliers....