The influence of firms’ ability to employ individualized pricing on the welfare consequences of horizontal mergers is examined in location models. In a two-to-one merger, the merger reduces consumer surplus more when firms can price discriminate based on individual preferences compared to when they cannot. However, the opposite holds true in a three-to-two merger, in which the reduction in cons...

We examine the effect of an oligopolistic upstream electronic market on upstream and downstream prices. The analysis highlights the two sources of competition that a firm that source from an electronic market (e-market firm) face: competition with less efficient firms that source traditionally (t-market firms) and competition among e-market firms. When size of the upstream e-market is small, th...

The paper develops the argument that the long-term structural evolution of an industry depends on the evolution of a vertically-related, downstream industry. We analyse two pairs of vertically-related industries, the jet and turboprop aircraft and engine industries, since the first introduction of the jet and turboprop technologies to 1998. The paper shows that the evolutionary dynamics of the ...

The pursuit of lower cost, shorter time-to-market, and better quality has led to a shift toward global production in today’s competitive business environment. This shift, however, forces manufacturing enterprises to have separate design houses and manufacturing facilities. In general, design houses are located in the same regions as customers to enable them to respond to the rapidly changing de...

The paper develops the argument that the long-term structural evolution of an industry depends on the evolution of a vertically-related, downstream industry. We analyse two pairs of vertically-related industries, the jet and turboprop aircraft and engine industries, since the first introduction of the jet and turboprop technologies to 1998. The paper shows that the evolutionary dynamics of the ...

The central premise of this paper is that collaboration, and more specifically e-collaboration, plays a major role in achieving a sustainable competitive edge. In particular, we propose here to examine the relative efficiency of electronic collaboration (e-collaboration) tools and to assess the impacts of these tools on the innovativeness and performance of individual firms positioned along an ...

We examine how one industry’s productivity is affected by the IT capital of its customers, and how this effect depends on the industries’ relative concentration. These customer-driven IT spillovers result from customers’ IT investment in various information systems that reduce transaction costs through information sharing and coordination, leading to more efficient production and logistics upst...

Overlapping activities that are traditionally performed in a sequential manner can significantly reduce project delivery times. Overlapping, however, should be approached in a systematic manner to reduce the costs and risks. Information gathered from sector-based case studies and from the manufacturing domain suggest a formalised framework for identifying overlapping opportunities and strategie...

Agents located from downstream to upstream along an estuary and exposed to a flooding risk have to invest in facilities like a seawall (or dike). As the benefits of that local public good increase along the estuary, upstream agents have to bargain for monetary compensation with the most downstream agent in exchange for more protection effort. The paper analyses different bargaining protocols an...

In this paper, the shift into international franchising from other forms of operation, rather than the typical home market franchising base, is explored. The focus is international retail franchising, based on a study of the Danish clothing and footwear industry. In this study it was found that Danish companies were moving into international franchising as an outcome of a more general shift fro...