Impact of Inter Firm Cooperation on Social Welfare under Demand Uncertainty

The Effect Of Salvage Market On Strategic Technology Choice And Capacity Investment Decision Of Firm Under Demand Uncertainty

Effects of inter-firm agreements: The case of airline codesharing

We compare aviation markets under conditions of competition, codesharing contracts and anti-trust immune alliances, assuming that demand for flights depends on both fares and the level of frequency offered. Using a hybrid competitive/cooperative game theoretic framework, we show that the stronger the inter-airline agreement, the higher the producer surplus. On the other hand, consumer surplus a...

Impact of density and interconnectedness of influential players on social welfare

We show that in defection prone environments influential players must be rare and weakly interconnected to optimally promote cooperation in the prisoner’s dilemma game. Conversely, low temptations to defect warrant a high level of social welfare even if influential players are common, yet still demand the latter be weakly interconnected for cooperation to thrive. 2014 Elsevier Inc. All rights r...

Who should handle retail? Vertical contracts, customer service, and social welfare in a Chinese mobile phone market - APPENDIX

Using data on mobile phone handset sales from a single retail store, we examine the impact of different retail responsibility designations and vertical contracts on seller service provision, firm profitability, and social welfare. During our sample, this store switched from retailer-managed retailing with linear pricing contracts to manufacturermanaged retailing with revenue sharing. We estimat...

Downstream competition between an upstream supplier and an independent downstream firm

I consider an upstream supplier that supplies an input to an independent downstream firm and in addition sells the final product to consumers. I find that the upstream supplier cannot implement the monopoly outcome without imposing maximum resale price maintenance (RPM). RPM increases social welfare if consumers’ valuation for the final product of the downstream firm is high, and decreases soci...