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This paper investigates the effects of mergers, entry, and exit in retail markets when input prices are negotiated …. Results are derived from a model of bilateral Nash-bargaining between manufacturers and retailers which allows for general …
Persistent link: https://www.econbiz.de/10011334106
In a two-tier industry with bottleneck upstream and two downstream firms producing vertically differentiated goods, we identify conditions under which the upstream supplier chooses exclusive or non-exclusive negotiations, or an English auction to sell its essential input. Auctioning off a...
Persistent link: https://www.econbiz.de/10012202056
consumption, such as an insurer bargaining with hospitals. We show that the common Nash- in-Nash solution, while useful for …
Persistent link: https://www.econbiz.de/10011807830
In a two-tier industry with bottleneck upstream and two downstream firms producing vertically differentiated goods, we identify conditions under which the upstream supplier chooses exclusive or non-exclusive negotiations, or an English auction to sell its essential input. Auctioning off a...
Persistent link: https://www.econbiz.de/10012837759
management relative bargaining power visà-vis shareholders and vis-à-vis unions can differ. In such a framework, differences in … the relative bargaining power among involved stakeholders play a key role in determining the endogenous choice by firms … managerial firm. Moreover, the distribution of stakeholders' relative bargaining power affects firms' profitability and overall …
Persistent link: https://www.econbiz.de/10012801884
(prices). Monopolized upstream markets are more prone to have aligned incentives with the policymakers, especially if the …
Persistent link: https://www.econbiz.de/10012913863
We examine the implications of different contractual forms for welfare as well as for firms’ profits in a framework in which a vertically integrated firm sells its good to an independent downstream firm. Under downstream Bertrand competition, the standard result of the desirability of two-part...
Persistent link: https://www.econbiz.de/10013225988
Although the role of formal and informal institutions in promoting economic growth and sustaining exchange relations is now well established, explaining and differentiating how informal and formal rules affect individual behavior remain a challenge. This study aims to distill the essential...
Persistent link: https://www.econbiz.de/10011349339
Persistent link: https://www.econbiz.de/10010191396
innovation size is small. Once there is private information about the relative bargaining power of the parties, the patent holder …
Persistent link: https://www.econbiz.de/10008836138