Direct Sale or Indirect Sale? Effects of Shareholding
Direct Sale or Indirect Sale? Effects of Shareholding
复制标题
直接销售还是间接销售?
DOI:
10.1111/j.1467-9957.2010.02172.x
复制
发表时间:
2011
影响因子:
1.1
通讯作者:
Takeshi Ikeda
中科院分区:
文献类型:
--
作者:
Makoto Okamura;Tatsuhiko Nariu;Takeshi Ikeda
In this paper we study a vertical structure in which a manufacturer holds stock with its retailer but it allows the retailer to choose the quantity. We show that in the case when a single wholesale firm operates, it completely owns its retailing firm in equilibrium and acts as a Stackelberg leader. We also examine a case where two wholesale firms operate. We observe that each firm owns its retail firm completely when the direct effect of share holding dominates the strategic effect among the wholesale and the retail firms.