On the Irrelevance of Input Prices for Make-or-Buy Decisions

On the Irrelevance of Input Prices for Make-or-Buy Decisions
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论投入价格与自制或外购决策的无关性

DOI:
10.1257/000282805775014344
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发表时间:
2005
期刊:
The American Economic Review
影响因子:
--
通讯作者:
D. Sappington
D. Sappington
中科院分区:
--
文献类型:
--
作者:
D. Sappington

文献摘要

被引文献

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本文表明,为了诱导进入者实施高效的自制或外购决策,投入价格无需反映高效现有供应商的成本。出于战略性下游考虑,进入者可能始终会做出高效的自制或外购决策,无论他们被授权从现有供应商购买关键投入的价格如何。
This paper demonstrates that input prices need not reflect the costs of an efficient incumbent supplier in order to induce entrants to implement efficient make-or-buy decisions. Because of strategic downstream considerations, entrants may always undertake efficient make-or-buy decisions, regardless of the prices at which they are authorized to buy key inputs from incumbent suppliers.