Detail Networks Versus Vertical Integration   Oleh:  Kranton, Rachel E. ; Minehart, Deborah F. Jenis: Article from Bulletin/Magazine Dalam koleksi: The Rand Journal of Economics vol. 31 no. 3 (2000), page 570-601. Topik: integration; networks; vertical integration Ketersediaan Perpustakaan Pusat (Semanggi) Nomor Panggil: RR10.4 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada     Lihat Detail Induk Isi artikel We construct a theory to compare vertically integrated firms to networks of manufacturers and suppliers. Vertically integrated firms make their own specialized inputs. In networks, manufacturers procure specialized inputs from suppliers that, in turn, sell to several manufacturers. The analysis shows that networks can yield greater social welfare when manufacturers experience large idiosyncratic demand shocks. Individual firms may also have the incentive to form networks, despite the lack of long - term contracts. The analysis is supported by existing evidence and provides predictions as to the shape of different industries. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Kembali

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