Supplier Encroachment and ConsumerWelfare : Upstream Firm’s Opportunism and Multichannel Distribution

Pan, Cong

Institute of Social and Economic Research Discussion Papers, 2018, 1020, 1-39

アクセス数:247件（2025-07-06 09:19 集計）

固定URL: https://hdl.handle.net/11094/67811

論文情報

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タイトル
Supplier Encroachment and ConsumerWelfare : Upstream Firm’s Opportunism and Multichannel Distribution
著者
NRID
1000030807425 1000030807425
著者名
Pan, Cong
キーワード等
channels of distribution
encroachment
two-part tariff contract
supplier opportunism
consumer welfare
抄録
I revisit supplier encroachment under the framework of a two-part tariff contract. When a monopoly manufacturer supplies competing retailers and each retailer’s con-tracting process is unobservable to the rival, the retailer’s lack of knowledge vis-à-vis its rival’s contract may undermine the manufacturer’s commitment power, which prevents the manufacturer from achieving optimal profit. I demonstrate that when the manufac-turer directly supplies the resale market, it can use the direct channel as a commitment tool and thus restore its market power. Even though the manufacturer’s encroachment creates more competitors in the resale market, the resultant higher wholesale prices ag-gravate double marginalization, which may reduce consumer welfare. This result holds even when the manufacturer is very efficient in direct selling.
出版者
The Institute of Social and Economic Research, Osaka University
収録物名
Institute of Social and Economic Research Discussion Papers
巻(号)
1020
ページ
1-39
刊行年月
2018-02
言語
英語
ハンドルURL
https://hdl.handle.net/11094/67811
関連情報 (references)
URI
https://www.iser.osaka-u.ac.jp/static/resources/docs/dp/2018/DP1020.pdf
アクセス権
metadata only access
カテゴリ
ディスカッション／ワーキング・ペーパー DP/WP
Institute of Social and Economic Research Discussion Papers