Price leadership in a vertically differentiated market
نویسنده
چکیده
Article history: Accepted 19 December 2013 Available online xxxx JEL classification: L1 D4 C7
منابع مشابه
Price and non - price restraints when retailers are vertically differentiated
This paper considers vertical restraints in the context of an intrabrand competition model in which a single manufacturer deals with two vertically differentiated retailers. We establish two main results. First, if the market cannot be vertically segmented, the manufacturer will foreclose the low quality retailer either directly by dealing exclusively with the high quality retailer, or indirect...
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