Contracting for Innovation: Vertical Disintegration and Interfirm Collaboration
نویسندگان
چکیده
منابع مشابه
Contracting for Innovation: Vertical Disintegration and Interfirm Collaboration
=255223 (on file with the Columbia Law Review) (reviewing experimental evidence on fairness and reciprocity). 156. Scott & Stephan, Leviathan, supra note 143, at 102. 157. Id. 158. Fehr 8c Gächter, Fairness and Retaliation, supra note 143, at lbO-70. 159. Ernst Fehr 8c Simon Gächter, Do Incentive Contracts Undermine Voluntary Cooperation? 1 (Inst. for Empirical Research in Econ., Univ. of Zuric...
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With economies of scale, a vertically integrated firm can lower its upstream cost by supplying downstream competitors. The competitors may strategically choose not to purchase from the integrated firm, unless the latter’s price for the intermediate good is sufficiently lower than those of alternative suppliers. In a simple model of dynamic scale economies through learning by doing, equilibrium ...
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At any given point in time, the collection of assets that exist in the economy is observable. Each asset is a function of a set of contingencies. The union taken over all assets of these contingencies is what we call the set of publicly known states. An innovation is a set of states that are not publicly known along with an asset (in a broad sense) that pays contingent on those states. The crea...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2008
ISSN: 1556-5068
DOI: 10.2139/ssrn.1289428