Single-Valued Control of an Intermediate Good under Uncertainty: A Comparison of Prices and Quantities

1977 ◽  
Vol 18 (1) ◽  
pp. 117 ◽  
Author(s):  
Gary W. Yohe
Keyword(s):  
Intermediate Good

The Choice of Prices versus Quantities under Outsourcing

2018 ◽  
Vol 18 (2) ◽  
Author(s):  
Ray-Yun Chang ◽  
Jin-Li Hu ◽  
Yan-Shu Lin
Keyword(s):  
Product Differentiation ◽  
Cost Efficiency ◽  
Intermediate Good ◽  
Price Strategy ◽  
Competition Strategy ◽  
Duopoly Model ◽  
The Cost ◽  
Prices Versus Quantities

Abstract This paper establishes a duopoly model with product differentiation and outsourcing in order to analyze the equilibrium competition strategies (choice of prices versus quantities) when the outsourcer outsources its intermediate good to a final product competitor. We show that: (1) both firms choose the quantity strategy when the cost efficiency of the subcontractor is low; (2) the choice of competition strategy is the price strategy for the subcontractor and the quantity strategy for the outsourcer when the cost efficiency of the subcontractor is moderate; (3) both firms choose the price strategy when the cost efficiency of the subcontractor is sufficiently high.

Price dumping in intermediate good markets

1995 ◽  
Vol 39 (1-2) ◽  
pp. 159-173 ◽  
Author(s):  
Daniel M. Bernhofen
Keyword(s):  
Intermediate Good

DOES TRADE IN INTERMEDIATE GOODS INCREASE OR DECREASE WAGE INEQUALITY?

2007 ◽  
Vol 52 (02) ◽  
pp. 201-213 ◽  
Author(s):  
WENLI CHENG ◽  
DINGSHENG ZHANG
Keyword(s):  
Developing Country ◽  
Wage Inequality ◽  
Intermediate Good ◽  
Intermediate Goods ◽  
Unskilled Labor ◽  
Developed Country ◽  
Good Will ◽  
Skilled And Unskilled Labor ◽  
Production Technologies ◽  
The Impact

This paper develops two models to study the impact of trade in intermediate goods on wage inequality between skilled and unskilled labor in a developed country and a developing country. The first model assumes symmetric production technologies in the intermediate good. It predicts that trade in the intermediate good will increase wage inequality in the developed country, but decrease wage inequality in the developing country. The second model assumes asymmetric technologies in the intermediate good. It predicts that trade in the intermediate good can lead to an increase in wage inequality in both the developed country and the developing country.

scholarly journals COOPERATIVE R&D WITH DIFFERENTIATED PRODUCTS IN VERTICALLY RELATED INDUSTRIES

2020 ◽  
Vol XVIII (2) ◽  
pp. 3-16
Keyword(s):  
Intermediate Good ◽  
Differentiated Products ◽  
Horizontal Cooperation ◽  
Vertical Cooperation ◽  
The Impact

This paper studies the impact of cooperative R&Don innovation, welfare, and profitability in vertically related industries with differentiated products. The model incorporates two vertically related industries, with horizontal spillovers within industries and vertical spillovers between them. Upstream firms produce a homogeneous intermediate good, while downstream firms provide differentiated products. Three types of R&D cooperation are studied: no cooperation, horizontal cooperation, and vertical cooperation. The comparison of cooperation settings in terms of R&D and profitability shows that although vertical cooperation yields higher innovation and welfare, it may lead to over– investment in R&D.

Sign in / Sign up

Export Citation Format

Share Document