Arbeitspapier
Market Power of the Input Supplier, Technology Transfer and Consumer Welfare
It is believed that market power of the input supplier, charging a linear price, is detrimental for the consumers since it creates the double marginalisation problem. We show that this view may not be true if the final goods producers can adopt strategies to reduce rent extraction by the input supplier. Market power of the input supplier may encourage a final goods producer either to license its technology to a competitor or to adopt a less distortionary technology licensing contract. Both these effects may create higher consumer welfare under market power of the input supplier compared to a competitive input market.
- Sprache
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Englisch
- Erschienen in
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Series: CESifo Working Paper ; No. 5093
- Klassifikation
-
Wirtschaft
Trade Unions: Objectives, Structure, and Effects
Monopoly; Monopolization Strategies
Oligopoly and Other Imperfect Markets
Contracting Out; Joint Ventures; Technology Licensing
- Thema
-
consumer surplus
labour union
technology licensing
- Ereignis
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Geistige Schöpfung
- (wer)
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Cao, Jiyun
Mukherjee, Arijit
- Ereignis
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Veröffentlichung
- (wer)
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Center for Economic Studies and ifo Institute (CESifo)
- (wo)
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Munich
- (wann)
-
2014
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:41 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Cao, Jiyun
- Mukherjee, Arijit
- Center for Economic Studies and ifo Institute (CESifo)
Entstanden
- 2014