权力下放与有替代品或互补品的消费者福利

IF 0.8 4区经济学 Q3 ECONOMICS

Review of Industrial Organization Pub Date : 2024-01-15 DOI:10.1007/s11151-023-09941-x

Nicolas Pasquier

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引用次数: 0

摘要

我们研究的是一家纵向一体化生产商（VIP）在价格竞争条件下为下游企业供货的情况。纵向一体化生产商可以将最终的价格决策权下放给下游企业，而下游企业则忽略了产出价格对上游销售的影响。我们发现，无论产品是替代品还是互补品，分散定价都会使 VIP 受益。当产品是替代品时，分权对消费者也有利，但当产品是互补品时，分权对消费者不利。有趣的是，当产品是替代品时，尽管下游单位的销售恢复了双倍利润，但权力下放却降低了两种产品的价格。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

Decentralization and Consumer Welfare with Substitutes or Complements

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Decentralization and Consumer Welfare with Substitutes or Complements

We study a vertically integrated producer (VIP) that supplies a downstream firm under price competition. The VIP may decentralize the final price decision to its downstream unit; the latter thereby ignores the effect of the output price on upstream sales. We find that decentralization benefits the VIP – irrespective of whether the products are substitutes or complements. Decentralization also benefits the consumers when products are substitutes, but it harms them when the products are complements. Interestingly, when products are substitutes, decentralization decreases both output prices despite restoring a double margin on the downstream unit’s sales.

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来源期刊

Review of Industrial Organization Multiple-

CiteScore

2.10

自引率

9.10%

发文量

期刊介绍： New Online Manuscript Submission System The Review of Industrial Organization publishes research papers on all aspects of industrial organization, broadly defined. A main focus is on competition and monopoly, in their many forms and processes and their effects on efficiency, innovation, and social conditions. Topics may range from the internal organization of enterprises to wide international comparisons. The Review is also increasing its interest in papers on public policies such as antitrust, regulation, deregulation, public enterprise, and privatization. Papers may deal with any economic sectors and any developed economies. The Review continues its primary interest in ideas that can be verified by econometric evidence, case studies, or other real conditions. But the Review also seeks papers that advance significant theories of industrial organization and policy. Papers using abstract techniques and econometric tests should present the methods and analysis in plain enough English so that non-specialist readers can evaluate the content. The Review welcomes submissions from any source, and the Editors will make every effort to have papers reviewed quickly and to give prompt decisions. The Editors will also seek to arrange symposia on specific topics, and they are open to proposals for grouped papers. They also welcome shorter notes and commentaries on topics of interest to the profession. Officially cited as: Rev Ind Organ