Gateway to Think Tanks
来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w19709 |
来源ID | Working Paper 19709 |
Efficiency and Foreclosure Effects of Vertical Rebates: Empirical Evidence | |
Christopher T. Conlon; Julie Holland Mortimer | |
发表日期 | 2013-12-27 |
出版年 | 2013 |
语种 | 英语 |
摘要 | Vertical rebates are prominently used across a wide range of industries. These con- tracts may induce greater retail effort, but may also prompt retailers to drop competing products. We study these offsetting efficiency and foreclosure effects empirically, using data from one retailer. Using a field experiment, we show how the rebate allocates the cost of effort between manufacturer and retailer. We estimate structural models of demand and retailer behavior to quantify the rebate's effect on assortment and retailer effort. We find that the rebate increases industry profitability and consumer utility, but fails to maximize social surplus and leads to upstream foreclosure. |
主题 | Industrial Organization ; Antitrust |
URL | https://www.nber.org/papers/w19709 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/577449 |
推荐引用方式 GB/T 7714 | Christopher T. Conlon,Julie Holland Mortimer. Efficiency and Foreclosure Effects of Vertical Rebates: Empirical Evidence. 2013. |
条目包含的文件 | 条目无相关文件。 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。