Upstream Competition and Downstream Buyer Power

Upstream Competition and Downstream Buyer Power
复制标题

上游竞争和下游买家力量

DOI:
--
复制
发表时间:
2006
期刊:
影响因子:
--
通讯作者:
John Thanassoulis
John Thanassoulis
中科院分区:
--
文献类型:
--
作者:
Howard W. Smith;John Thanassoulis

文献摘要

被引文献

相似文献

本文考虑了在上游竞争的情况下供应同质产品的买方势力。上游竞争的一个可能后果是,每个供应商都不确定其最终产量,因为它不知道有多少下游买家会选择它作为卖方。我们提出了一个模型,由于这个原因,最终的数量是不确定的每个卖家。当剩余函数为非线性时,我们发现了买方力量的一个新来源:与大买方谈判的事件增加了卖方的预期产出,这改变了交易的预期平均净剩余;当卖方的剩余函数为凹函数时,这增加了买方力量(当为凸函数时,这减少了买方力量)。我们探讨福利,行业生产力和投资激励的后果。
This paper considers buyer power in the presence of upstream competition to supply a homogeneous product. A likely consequence of upstream competition is that each supplier is uncertain of its final output, because it does not know how many downstream buyers will select it as a seller. We present a model where, for this reason, final volumes are uncertain for each seller. We find a new source of buyer power when the surplus function is nonlinear: the event of negotiation with a large buyer increases the seller's expected output, which changes the expected average net surplus from the deal; this increases buyer power when the seller's surplus function is concave (and diminishes it when convex). We explore consequences for welfare, industry productivity, and investment incentives.