Commitment for storable goods under vertical integration

被引:22
|
作者
Nie, Pu-yan [1 ]
机构
[1] Jinan Univ, Inst Ind Econ, Guangzhou 510632, Guangdong, Peoples R China
基金
中国国家自然科学基金;
关键词
Market structure; Industrial organization; Storable goods; Commitment; Game theory; Vertical integration; MARKET-STRUCTURE; PRICING BEHAVIOR; MONOPOLY; SALES;
D O I
10.1016/j.econmod.2008.08.008
中图分类号
F [经济];
学科分类号
02 ;
摘要
The role of commitment under monopoly for storable goods has been fully considered in many papers. In general, if the monopolist with storable goods cannot commit, the prices are higher than in the case in which the monopolist launches commitment. According to the discrete-time dynamic model, commitment for storable goods under vertically integrated structures is considered in this paper. The similar results to the monopoly are correspondingly obtained. Namely, the prices without commitment are also higher than that with commitment under vertical integration. (c) 2008 Elsevier B.V. All rights reserved.
引用
收藏
页码:414 / 417
页数:4
相关论文
共 50 条
  • [21] Consumer Inventory and Demand for Storable Goods: New Evidence from a Consumer Survey
    Kano, Kazuko
    JAPANESE ECONOMIC REVIEW, 2018, 69 (03) : 284 - 305
  • [22] Packaging of sin goods - Commitment or exploitation?
    Christensen, Else Gry Bro
    Nafziger, Julia
    JOURNAL OF ECONOMIC BEHAVIOR & ORGANIZATION, 2016, 122 : 62 - 74
  • [23] Commitment and matching contributions to public goods
    Boadway, Robin
    Song, Zhen
    Tremblay, Jean-Francois
    JOURNAL OF PUBLIC ECONOMICS, 2007, 91 (09) : 1664 - 1683
  • [24] Delegation and commitment in durable goods monopolies
    Coury, Tarek
    Petkov, Vladimir P.
    GAMES AND ECONOMIC BEHAVIOR, 2008, 63 (01) : 41 - 55
  • [25] Commitment and Participation in Public Goods Games
    Han, The Anh
    Pereira, Luis Moniz
    Lenaerts, Tom
    AAMAS'17: PROCEEDINGS OF THE 16TH INTERNATIONAL CONFERENCE ON AUTONOMOUS AGENTS AND MULTIAGENT SYSTEMS, 2017, : 1431 - 1432
  • [26] RATE OF RETURN REGULATION AND VERTICAL INTEGRATION UNDER UNCERTAINTY
    ROZEK, RP
    MATHEMATICAL MODELLING, 1983, 4 (01): : 87 - 96
  • [27] Information goods and vertical differentiation
    Bhargava, HK
    Choudhary, V
    JOURNAL OF MANAGEMENT INFORMATION SYSTEMS, 2001, 18 (02) : 89 - 106
  • [28] On the role of verifiability and commitment in credence goods markets
    Fong, Yuk-fai
    Liu, Ting
    Wright, Donald J.
    INTERNATIONAL JOURNAL OF INDUSTRIAL ORGANIZATION, 2014, 37 : 118 - 129
  • [29] Durable goods, commitment power and public monopolies
    Goering, GE
    Pippenger, MK
    MANCHESTER SCHOOL, 2003, 71 (06): : 611 - 625
  • [30] Vertical integration, escalating commitment and technological performance: evidence from firms in the US computer industry
    Li, Hsiu-Ling
    Tang, Ming-Je
    TECHNOLOGY ANALYSIS & STRATEGIC MANAGEMENT, 2011, 23 (03) : 279 - 296