Please use this identifier to cite or link to this item:
https://hdl.handle.net/10419/56303
Full metadata record
DC Field | Value | Language |
---|---|---|
dc.contributor.author | Argenton, Cédric | en |
dc.date.accessioned | 2012-03-28T13:09:43Z | - |
dc.date.available | 2012-03-28T13:09:43Z | - |
dc.date.issued | 2006 | - |
dc.identifier.uri | http://hdl.handle.net/10419/56303 | - |
dc.description.abstract | It is shown in this study that in the case of vertically differentiated products, Bertrand competition at the retail level does not prevent an incumbent upstream firm from using exclusivity contracts to deter the entry of a more efficient rival, contrary to what happens in the homogenous product case. Indeed, because of differentiation, the incumbent's inferior product is not eliminated upon entry. As a result, a retailer who considers rejecting the exclusivity clause expects to earn much less than the incumbent's monopoly rents. Thus, in equilibrium, the incumbent can always offer high enough an upfront payment to induce all retailers to sign on the contract. | en |
dc.language.iso | eng | en |
dc.publisher | |aStockholm School of Economics, The Economic Research Institute (EFI) |cStockholm | en |
dc.relation.ispartofseries | |aSSE/EFI Working Paper Series in Economics and Finance |x640 | en |
dc.subject.jel | L12 | en |
dc.subject.jel | L42 | en |
dc.subject.ddc | 330 | en |
dc.subject.keyword | vertical differentiation | en |
dc.subject.keyword | contracts | en |
dc.subject.keyword | exclusion | en |
dc.subject.keyword | monopolization | en |
dc.subject.stw | Produktdifferenzierung | en |
dc.subject.stw | Markteintritt | en |
dc.subject.stw | Preiswettbewerb | en |
dc.subject.stw | Duopol | en |
dc.subject.stw | Vertikale Konzentration | en |
dc.subject.stw | Theorie | en |
dc.title | Exclusive quality | - |
dc.type | Working Paper | en |
dc.identifier.ppn | 51956510X | en |
dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | en |
Files in This Item:
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.