BUYER POWER AND THE 'WATERBED EFFECT'

被引:54
作者
Inderst, Roman [1 ]
Valletti, Tommaso M. [2 ]
机构
[1] Goethe Univ Frankfurt, Imperial Coll London, D-6000 Frankfurt, Germany
[2] Univ Roma Tor Vergata, Imperial Coll London, Rome, Italy
关键词
COUNTERVAILING-POWER; PRICE-DISCRIMINATION; MARKETS;
D O I
10.1111/j.1467-6451.2011.00443.x
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
When a buyer is able to obtain lower input prices from a supplier, is it possible that other buyers will have to pay more for the same input as a result? Is this bad for consumers? We present a model that analyzes the conditions under which the asymmetric exercise of buyer power can lead to consumer detriment through raising other buyers' wholesale prices (the 'waterbed effect').
引用
收藏
页码:1 / 20
页数:20
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