Precommitment in competing vertical chains

Journal of Economic Surveys

Volumn 12, Issue 4, 1998, Pages 333-359

  Irmen, Andreas ^a  

^a UNIVERSITY OF LAUSANNE   (Switzerland)

Author keywords

Contract theory; Vertical restraints; Vertical separation

Indexed keywords

EID: 11544335987     PISSN: 09500804     EISSN: None     Source Type: Journal    
DOI: 10.1111/1467-6419.00059     Document Type: Article

References (45)

1. Barron, J. M., Umbeck, J. R. (1984) The effects of different contractual arrangements: the case of retail gasoline, Journal of Law and Economics, vol. 27, pp. 313-328.
2. Besanko, D., Perry, M. K. (1994) Exclusive dealing in a spatial model of retail competition, International Journal of Industrial Organization, vol. 12, pp. 297-329.
3. Bonanno, G., Vickers, J. (1988) Vertical Separation, The Journal of Industrial Economics, vol. 36, pp. 257-265.
4. Bonanno, G., Zeeman, E. C. (1985) Limited knowledge of demand and oligopoly equilibria, Journal of Economic Theory, vol. 35, pp. 276-283.
5. Bulow, J., Geanakoplos, J., Klemperer, P. (1985) Multimarket Oligopoly: Strategic Substitutes and Complements, Journal of Political Economy, vol. 93, pp. 488-511.
6. Caillaud, B., Jullien, B., Picard, P. (1995) Competing vertical structures: precommitment and renegotiation, Econometrica, vol. 63, pp. 621-646.
7. Caillaud, B., Rey, P. (1994) Strategic aspects of delegation, European Economic Review, vol. 39, pp. 421-431.
8. Caillaud, B., Rey, P. (1994a) Strategic ignorance in producer-retailer relationships, mimeo.
9. Chang, M.-H., (1992), Exclusive dealing contracts in a successive duopoly with side payments, Southern Economic Journal, vol. 59, pp. 180-193.
10. Dewatripont, M. (1988) Commitment through renegotiation-proof contracts with third parties, Review of Economic Studies, vol. 55, pp. 377-390.
11. Dobson, P. W., Waterson, M. (1996) Exclusive trading contracts in successive differentiated duopoly, Southern Economic Journal, vol. 63, pp. 361-377.
12. Fershtman, C., Judd, K. (1987) Equilibrium incentives in oligopoly, American Economic Review, vol. 77, pp. 927-940.
13. Fershtman, C., Judd, K., Kalai, E. (1991) Observable contracts: strategic delegation and cooperation, International Economic Review, vol. 32, pp. 551-560.
14. Fudenberg, D., Tirole, J. (1984) The fat cat effect, the puppy dog ploy and the lean and hungry look, American Economic Review, Papers and Proceedings, vol. 74, pp. 361-368.
15. Fudenberg, D., Tirole, J. (1992) Game Theory, The MIT Press: Cambridge, MA.
16. Gal-Or, E. (1991) Duopolistic vertical restraints, European Economic Review, vol. 35, pp. 1237-1253.
17. Graddy, K. (1995) Do fast-food chains price discriminate on the race and income characteristics of an area?, mimeo, Jesus College, Oxford University.
18. Irmen, A. (1996) Essays on product differentiation and market structure, Ph.D-dissertation, University of Lausanne.
19. Irmen, A. (1997) Note on duopolistic vertical restraints, European Economic Review, forthcoming.
20. Katz, M. (1989) Vertical contractual relations, In: R. Schmalensee, R. D. Willig (eds), Handbook of Industrial Organization, North-Holland, NY, vol. 1, pp. 655-721.
21. Katz, M. (1991) Game-playing agents: unobservable contracts as precommitments, The Rand Journal of Economics, vol. 22-3, pp. 307-328.
22. Lafontaine, F. (1995) Pricing decisions in franchised chains: a look at the fast-food industry, NBER Working Paper #5247.
23. Lafontaine, F., Slade, M. E. (1997) Retail contracting: theory and practice, The Journal of Industrial Economics, vol. 45, pp. 1-25.
24. Lin, J. (1988) Oligopoly and vertical integration: note, American Economic Review, vol. 78, pp. 251-254.
25. Lin, J. (1990) The dampening-of-competition effect of exclusive dealing, Journal of Industrial Economics, vol. 39, pp. 209-223.
26. Marvel H. P. (1982) Exclusive dealing, Journal of Law and Economics, vol. 25, pp. 1-25.
27. Mathewson, G. F., Winter, R. A. (1984) An economic theory of vertical restraints, Rand Journal of Economics, vol. 15, pp. 27-38.
28. Mathewson, G. F., Winter, R. A. (1986) The economics of vertical restraints in distribution, In New Developments in the Analysis of Market Structures, ed. F. Mathewson and J. Stiglitz, Cambridge, Mass.: MIT Press.
29. McGuire, T. W., Staelin, R. (1983) An industry equilibrium analysis of downstream vertical integration, Marketing Science, vol. 2, pp. 161-191.
30. Muris, T. J., Scheffman, D. T., Spiller, P. T. (1992) Strategy and transaction costs: the organization of distribution of the carbonated soft drink industry, Journal of Economics and Management Strategy, vol. 1, pp. 83-128.
31. O'Brien, D. P., Shaffer, G. (1993) On the dampening-of competition effect of exclusive dealing, Journal of Industrial Economics, vol. 41, pp. 215-221.
32. Rey, P., Stiglitz, J. E. (1988) Vertical restraints and producers' competition, European Economic Review, vol. 32, pp. 561-568.
33. Rey, P., Stiglitz, J. E. (1995) The role of exclusive territories in producers' competition, Rand Journal of Economics, vol. 26, pp. 431-451.
34. Rey, P., Tirole, J. (1986) The logic of vertical restraints, American Economic Review, vol. 76, pp. 921-939.
35. Salop, S. C, Scheffman, D. T. (1987) Cost-raising strategies, Journal of Industrial Economics, vol. 36, pp. 19-34.
36. Schelling, T. C. (1960) The Strategy of Conflict, Harvard University Press, Cambridge, Ma., second edition 1980.
37. Shaffer, G. (1991) Slotting allowances and resale price maintenance: a comparison of facilitating practices, Rand Journal of Economics, vol. 22, pp. 120-135.
38. Shepard, A. (1993) Contractual form, retail price, and asset characteristics in gasoline retailing, Rand Journal of Economics, vol. 24, pp. 58-77.
39. Sklivas, S., D. (1987) The strategic choice of management incentives, Rand Journal of Economics, vol. 18, pp. 452-458.
40. Slade, M. (1994) Strategic motives for vertical separation: evidence from retail gasoline markets, mimeo, University of British Columbia.
41. Slade, M. (1995) Beer and the tie: did divestiture cause higher prices?, mimeo, University of British Columbia.
42. Spengler, J. (1950) Vertical integration and anti-trust policy, Journal of Political Economy, vol. 58, pp. 347-352.
43. Vickers, J. (1985) Delegation and the theory of the firm, The Economic Journal, Economic Conference Supplement, vol. 95, pp. 138-147.
44. Waterson, M. (1993) Vertical integration and vertical restraints, Oxford Review of Economic Policy, vol. 9, pp. 41-57.
45. Williamson, O. E. (1971) The vertical integration of production: market failure considerations, American Economic Review, Papers and Proceedings, vol. 61, pp. 112-123.