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Are Manufacturers Competing through or with Supermarkets? A Theoretical Investigation
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Didier G Laussel
Veröffentlicht/Copyright:
4. Dezember 2006
We study a model with product differentiation by manufacturers and spatial differentiation by supermarkets where the customers visit only one shop and the supermarkets carry both goods. Under fixed fee pricing by the manufacturers the intensity of interbrand competition increases with the degree of differentiation between the supermarkets. When the supermarkets are more and more spatially differentiated the struggle between manufacturers and supermarkets dominates the competition between the manufacturers and results in lower wholesale prices and manufacturers profits.
Published Online: 2006-12-4
©2011 Walter de Gruyter GmbH & Co. KG, Berlin/Boston
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Artikel in diesem Heft
- Advances Article
- Evolutionary Dynamics and Long-Run Selection
- Party Competition under Private and Public Financing: A Comparison of Institutions
- Limited Observation in Mutual Consent Networks
- Status Concerns and Occupational Choice Under Uncertainty
- Choice under Limited Uncertainty
- A Vague Theory of Choice over Time
- Strategic Implications of Uncertainty over One's Own Private Value in Auctions
- Contributions Article
- Snobs and Quality Gaps
- General Option Exercise Rules, with Applications to Embedded Options and Monopolistic Expansion
- Liars and Inspectors: Optimal Financial Contracts When Monitoring is Non-Observable
- Inefficiency in a Bilateral Trading Problem with Cooperative Investment
- A Spatial Election with Common Values
- Is Sustainable Development Compatible with Rawlsian Justice?
- Multiple Lending and Constrained Efficiency in the Credit Market
- The Uniqueness of Stable Matchings
- Assessing the Likelihood of Panic-Based Bank Runs
- Are Manufacturers Competing through or with Supermarkets? A Theoretical Investigation
- Existence of Equilibrium for Segmented Markets Models with Interest Rate Monetary Policies
- Affiliated Common Value Auctions with Differential Information: The Two Bidder Case
- The Emergence of a Price System from Decentralized Bilateral Exchange
- Finite Memory Distributed Systems
- Topics Article
- Special Interest Politics and Endogenous Lobby Formation
- Robust Portfolio Selection with and without Relative Entropy
- Increased Risk-Bearing with Background Risk
- Resources as an Input of Production in a Two-Sector Economy
- Why the Reserve Price Should Not Be Kept Secret
- A Strategic Analysis of Terrorist Activity and Counter-Terrorism Policies
- The Role of Observability in Futures Markets
- An Amendment to Baumol's Burden Test
- Pareto Improving Lotteries and Voluntary Public Goods Provision
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- Age Bias in Fiscal Policy: Why Does the Political Process Favor the Elderly?
- Fundamental and Secondary R&D Races
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