Bargaining, mergers, and technology choice in bilaterally oligopolistic industries

RAND Journal of Economics

Volumn 34, Issue 1, 2003, Pages 1-19

  Inderst, Roman ^a   Wey, Christian ^a  

^a NONE

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0037362271     PISSN: 07416261     EISSN: None     Source Type: Journal    
DOI: 10.2307/3087440     Document Type: Article

References (41)

1. AGHION, P. AND BOLTON, P. "Contracts as a Barrier to Entry." American Economic Review, Vol. 77 (1987), pp. 388-401.
2. BALTO, D.A. "Supermarket Merger Enforcement." Antitrust Report, August 1999; also available at www.ers.usda.gov.
3. BERNHEIM, B.D. AND WHINSTON, M.D. "Menu Auctions, Resource Allocation, and Economic Influence." Quarterly Journal of Economics, Vol. 101 (1986), pp. 1-31.
4. BJÖRNERSTEDT, J. AND STENNEK, J. "Bilateral Oligopoly." Discussion Paper FS IV 01-08, Wissenschaftszentrum Berlin, 2001.
5. BLAIR, R.D. AND HARRISON, J. Monopsony: Antitrust Law and Economics. Princeton, N.J.: Princeton University Press, 1993.
6. DELL, B. "The Changing Retailer-Supplier Relationship." In R. Davis, ed., The Outlook for West European Retail. London: Financial Times, 1996.
7. DOBSON, P.W. AND WATERSON, M. "Countervailing Power and Consumer Prices." Economic Journal, Vol. 107 (1997), pp. 418-430.
8. _ AND _. "Retailer Power: Recent Developments and Policy Implications." Economic Policy, Vol. 28 (1999), pp. 133-164.
9. _, _, AND CHU, A. "The Welfare Consequences of the Exercise of Buyer Power." Research Paper no. 16, Office of Fair Trading, London, 1998.
10. EATON, B.C. AND SCHMITT, N. "Flexible Manufacturing and Market Structure." American Economic Review, Vol. 84 (1994), pp. 875-888.
11. FARBER, S.C. "Buyer Market Structure and R&D Effort: A Simultaneous Equations Model." Review of Economics and Statistics, Vol. 63 (1981), pp. 336-345.
12. FARRELL, J. AND SHAPIRO, C. "Horizontal Mergers: An Equilibrium Analysis." American Economic Review, Vol. 80 (1990), pp. 107-126.
13. GAYNOR, M. AND HAAS-WILSON, D. "Change, Consolidation, and Competition in Health Care Markets." Journal of Economic Perspectives, Vol. 13 (1999), pp. 141-164.
14. GILBERT, R.J. AND SUNSHINE, S.C. "Incorporating Dynamic Efficiency Concerns in Merger Analysis: The Use of Innovation Markets." Antitrust Law Journal, Vol. 3 (1995), pp. 569-601.
15. GROSSMAN, S.J. AND HART, O.D. "The Costs and Benefits of Ownership: A Theory of Vertical and Lateral Integration." Journal of Political Economy, Vol. 94 (1986), pp. 691-719.
16. HART, O. AND MOORE, J. "Property Rights and the Nature of the Firm." Journal of Political Economy, Vol. 98 (1990), pp. 1119-1158.
17. HORN, H. AND WOLINSKY, A. "Bilateral Monopolies and Incentives for Merger." RAND Journal of Economics, Vol. 19 (1988a), pp. 408-419.
18. _ AND _. "Worker Substitutability and Patterns of Unionisation." Economic Journal, Vol. 98 (1988b), pp. 484-497.
19. INDERST, R. "Multi-Issue Bargaining with Endogenous Agenda." Games and Economic Behavior, Vol. 30 (2000), pp. 64-82.
20. _ AND WEY, C. "Cross-Country Mergers and Countervailing Power." Mimeo, Wissenschaftszentrum Berlin, 2000a.
21. _ AND _. "Market Structure, Bargaining, and Technology Choice." Discussion Paper FS IV 00-12, Wissenschaftszentrum Berlin. 2000b.
22. JACKSON, M.O. AND WOLINSKY, A. "A Strategic Model of Social and Economic Networks." Journal of Economic Theory, Vol. 71 (1996), pp. 44-74.
23. JUN, B.H. "Non-cooperative Bargaining and Union Formation." Review of Economic Studies, Vol. 56 (1989), pp. 59-76.
24. KRANTON, R.E. AND MINEHART, D.F. "Networks Versus Vertical Integration." RAND Journal of Economics, Vol. 31 (2000), pp. 570-601.
25. MARSHAK, T. AND NELSON, R. "Flexibility, Uncertainty and Economic Theory." Metroeconomica, Vol. 14 (1962), pp. 42-58.
26. McAFEE, R.P. AND SCHWARTZ, M. "Opportunism in Multilateral Vertical Contracting: Nondiscrimination, Exclusivity, and Uniformity." American Economic Review, Vol. 84 (1994), pp. 210-230.
27. MYERSON, R.G. "Graphs and Cooperation in Games." Mathematics and Operations Research, Vol. 2 (1977), pp. 225-229.
28. ORGANISATION FOR ECONOMIC COOPERATION AND DEVELOPEMENT (OECD). "Buying Power of Multiproduct Retailers." Paris: OECD, Series Roundtables on Competition Policy DAFFE/CLP(99)21, 1999.
29. PITOFSKY, R. "Thoughts on 'Leveling the Playing Field' in Health Care Markets." Washington D.C.: GPO, 1997.
30. _. "Efficiencies in Defense of Mergers: 18 Months After." Washington, D.C.: GPO, 1998.
31. ROBINSON, T. AND CLARKE-HILL, C.M. "International Alliances in European Retailing." In P.J. McGoldrick and G. Davies, eds., International Retailing: Trends and Strategies. London: Financial Times Pitman Publishing, 1995.
32. SALANT, S.W., SWITZER, S., AND REYNOLDS, R.J. "Losses from Horizontal Merger: The Effects of an Exogenous Change in Industry Structure on Cournot-Nash Equilibrium." Quarterly Journal of Economics, Vol. 98 (1983), pp. 185-199.
33. SELTEN, R. "A Simple Model of Imperfect Competition Where Four are Few and Six Are Many." International Journal of Game Theory, Vol. 2 (1973), pp. 141-201.
34. STIGLER, G. "Production and Distribution in the Short Run." Journal of Political Economy, Vol. 47 (1939), pp. 305-327.
35. STOLE, L.A. AND ZWIEBEL, J. "Intra-firm Bargaining Under Non-binding Contracts." Review of Economic Studies, Vol. 63 (1996a), pp. 375-410.
36. _ AND _. "Organizational Design and Technology Choice Under Intrafirm Bargaining." American Economic Review, Vol. 86 (1996b), pp. 195-222.
37. UNITED NATIONS. Economic Commission for Europe: Recent Trends in Flexible Manufacturing. New York: United Nations, 1986.
38. UNITED STATES FEDERAL TRADE COMMISSION (FTC). "FTC Judge Upholds Charges Against Toys 'R' Us: Law Judges Finds That Nation's Largest Retailer Induced Toy Makers to Cut Off Discount Warehouse Clubs." Washington D.C.: Federal Trade Commission Press Release, 1997.
39. _. "Report on the Federal Trade Commission Workshop on Slotting Allowances and Other Marketing Practices in the Grocery Industry." Washington D.C.: Report by Federal Trade Commission Staff, 2001.
40. VIVES, X. "Commitment, Flexibility and Market Outcomes." International Journal of Industrial Organization, Vol. 4 (1986), pp. 217-229.
41. VON UNGERN-STERNBERG, T. "Countervailing Power Revisited." International Journal of Industrial Organization, Vol. 14 (1996), pp. 507-520.