کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
984168 | 934151 | 2006 | 12 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
Validity of the principle of minimum differentiation under vertical subcontracting
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کلمات کلیدی
موضوعات مرتبط
علوم انسانی و اجتماعی
اقتصاد، اقتصادسنجی و امور مالی
اقتصاد و اقتصادسنجی
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چکیده انگلیسی
This paper develops a variant of Hotelling's [Hotelling, H., 1929. Stability in competition. Economic Journal 39, 41-57] model involving subcontracting production to explore the validity of the Principle of Minimum Differentiation. It shows that the competition effect, the subcontracting effect, and the bargaining power effect jointly determine the equilibrium locations. It also demonstrates that if the ratio of the transport rates between the subcontracted input and the final product is sufficiently large, the Principle of Minimum Differentiation arises, but the Principle of Maximum Differentiation occurs if the condition is reversed. Furthermore, this paper finds that when the consignor takes the whole subcontracting surplus, the subcontractor will choose vertical foreclosure if this ratio is sufficiently large.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Regional Science and Urban Economics - Volume 36, Issue 3, May 2006, Pages 373-384
Journal: Regional Science and Urban Economics - Volume 36, Issue 3, May 2006, Pages 373-384
نویسندگان
Wen-Jung Liang, Chao-Cheng Mai,