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Private labels (or own-brand products) play a prominent role for consumers in their perception of retailers' reputation. In a model where products are experience goods, a retailer has the opportunity to introduce his own store brand, or to sell a branded product. However, the retailer does only...
Persistent link: https://www.econbiz.de/10005827743
This study explicitly takes into account that the decision to enter into an external R&D relationship is related to an antecedent decision to carry out R&D. This calls for a methodological approach that, at the same time, permits the joint analysis of the determinants of the two decisions and...
Persistent link: https://www.econbiz.de/10005765265
It is well known that knowledge spillovers exist and that they generate externalities for firms undertaking R&D. Nevertheless, it still remains difficult to predict which local industrial structure may best favor the diffusion of knowledge externalities and finally innovation. In order to...
Persistent link: https://www.econbiz.de/10008501920
This paper argues that the balance of power between producers and retailers depends on the relative degrees of differentiation at the two levels of the vertical structure. We propose an extension of Hotelling's model in which two producers, competing in prices with horizontally differentiated...
Persistent link: https://www.econbiz.de/10004985387
This paper provides a theoretical rationale for non-binding retail price recommendations (RPRs) in vertical supply relations. Analyzing a bilateral manufacturer-retailer relationship with repeated trade, we show that linear relational contracts can implement the surplusmaximizing outcome. If the...
Persistent link: https://www.econbiz.de/10005453943
This paper analyzes the strategies of internationalization of the automotive First Tier Suppliers (FTS). The developments of the modular production in the car industry induce an evolution of the vertical relationships which explain, at the same time, the interest and the forms of the...
Persistent link: https://www.econbiz.de/10005546443
The paper analyses the strategies of internationalization pursued by first tier automotive suppliers (FTS). The advent of modular production in this sector implies many changes in vertical relationships, which can in turn be used to explain the causes and forms of suppliers’...
Persistent link: https://www.econbiz.de/10005741178
We analyse vertical contracts between manufacturers and a common retailer in a channel including the uptstream input market. The oligopsonistic behavior of manufacturers on the ustream market provides a new explanation for predatory accomodation. With two-parts tariff, we show that joint profit...
Persistent link: https://www.econbiz.de/10005612437