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Collusive Vertical Relations
| Content Provider | Scilit |
|---|---|
| Author | Bolatto, Stefano Lambertini, Luca |
| Copyright Year | 2017 |
| Description | Journal: SSRN Electronic Journal We investigate the possibility for two vertically related firms to at least partially collude on the wholesale price over an infinite horizon to mitigate or eliminate the effects of double marginalisation, thereby avoiding contracts which might not be enforceable. We characterise alternative scenarios envisaging different deviations by the upstream firm and different punishments. This allows us to show that the most efficient case is that in which the upstream firm deviates along its best reply function and the punishment prescribes the disruption of the vertical relation for good after a deviation from the collusive path. |
| Related Links | http://amsacta.unibo.it/5615/1/WP1103.pdf https://papers.ssrn.com/sol3/Delivery.cfm?abstractid=2997464 |
| ISSN | 10914358 |
| e-ISSN | 15565068 |
| DOI | 10.2139/ssrn.2997464 |
| Journal | SSRN Electronic Journal |
| Language | English |
| Publisher | Elsevier BV |
| Publisher Date | 2017-07-05 |
| Access Restriction | Open |
| Subject Keyword | Journal: SSRN Electronic Journal Operations Research and Management Science Double Marginalisation Supply Chain Vertical Integration |
| Content Type | Text |
| Resource Type | Article |
| Subject | Public Health, Environmental and Occupational Health Psychiatry and Mental Health |