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This article provides a new rationale for the "leverage theory" of bundling in vertical markets. We analyze a framework …
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pertains to a supplier's intrinsic motivation. Building on cognitive evaluation theory, our model proposes the distinctive yet …
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The paper redefines different types of vertical market structure, such as double monopoly, bilateral monopoly, and two-sided monopoly. The core issue can be stated as follows: When there is bilateral monopoly, what are the differences between two-sided monopoly and one-sided monopoly as far as...
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This paper examines the relationship between firms' productivity improvement and the volume of exports, and shows that it can be sometimes negative. Specifically, we simultaneously take into account intermediate retailers (i.e., vertically) and multimarket linkages (i.e., horizontally). We find...
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We develop a unified theory of exclusive dealing and exclusionary bundling. In a framework with two competing … theory holds when the buyer power differs across manufacturers or when the retailer can strategically narrow (or expand) its …
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