| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP10176 |
| DP10176 Exclusive Dealing and Vertical Integration in Interlocking Relationships | |
| Patrick Rey; Volker Nocke | |
| 发表日期 | 2014-09-28 |
| 出版年 | 2014 |
| 语种 | 英语 |
| 摘要 | We develop a model of interlocking bilateral relationships between upstream firms (manufacturers) that produce differentiated goods and downstream firms (retailers) that compete imperfectly for consumers. Contract offers and acceptance decisions are private information to the contracting parties. We show that both exclusive dealing and vertical integration between a manufacturer and a retailer lead to vertical foreclosure, to the detriment of consumers and society. Finally, we show that firms have indeed an incentive to sign such contracts or to integrate vertically. |
| 主题 | Industrial Organization |
| 关键词 | Bilateral contracting Exclusive dealing Foreclosure Vertical merger Vertical relations |
| URL | https://cepr.org/publications/dp10176 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/539008 |
| 推荐引用方式 GB/T 7714 | Patrick Rey,Volker Nocke. DP10176 Exclusive Dealing and Vertical Integration in Interlocking Relationships. 2014. |
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