Innovationen entstehen zunehmend durch vernetzte Forschung und Kooperationen, die über Unternehmens-, Branchen- und Ländergrenzen hinweg erfolgen. Standards können dazu einen wichtigen Beitrag leisten, indem sie einen reibungslosen Austausch von Daten ermöglichen und die Vernetzung...

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 surplus-maximizing outcome. If...

Innovationen entstehen zunehmend durch vernetzte Forschung und Kooperationen, die über Unternehmens-, Branchen- und Ländergrenzen hinweg erfolgen. Standards können dazu einen wichtigen Beitrag leisten, indem sie einen reibungslosen Austausch von Daten ermöglichen und die Vernetzung...

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...

We model non-binding retail-price recommendations (RPRs) as a communication device facilitating coordination in vertical supply relations. Assuming both repeated vertical trade and asymmetric information about production costs, we show that RPRs may be part of a relational contract,...

We model retail-price recommendations (RPRs) as a communication device in vertical supply relations with private manufacturer information on production costs and consumer demand. With static trade, RPRs are irrelevant, and the equilibrium outcome is inefficient. With repeated trade, RPRs can...

We present evidence that restrictions to the set of feasible financial contracts affect buyer - supplier relationships and the organizational form of the firm. We exploit a regulation that restricted the maturity of the trade credit contracts that a large retailer could sign with some of its...

The living wage standard has emerged as a norm in global initiatives targeting supply chain labor practices. This is unexpected, because the living wage, if actually paid, could impose substantial new supply chain costs. There is also considerable disagreement on how to calculate a living wage...