Arbeitspapier
Make vs Buy in a Monopoly with Demand or Cost Uncertainty
The issue of technical progress under uncertainty is nested into the debate on vertical integration vs outsourcing, to show that, in general, the former is preferable to the latter in terms of both expected profits and technological efficiency. It is then shown that there exist (i) an optimal two part tariff where the unit price set by the upstream firm is conditional upon its R&D effort, and (ii) an optimal contract specifying the input price in terms of the initial capabilities of the sub-contractor, whereby the industry replicates the same performance as the vertically integrated firm as for both profits and R&D efforts.
- Sprache
-
Englisch
- Erschienen in
-
Series: Quaderni - Working Paper DSE ; No. 671
- Klassifikation
-
Wirtschaft
- Thema
-
Make-or- Buy-Entscheidung
Vertikale Integration
Outsourcing
Gesamtwirtschaftliche Nachfrage
Schock
Industrieforschung
Theorie
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Lambertini, Luca
- Ereignis
-
Veröffentlichung
- (wer)
-
Alma Mater Studiorum - Università di Bologna, Dipartimento di Scienze Economiche (DSE)
- (wo)
-
Bologna
- (wann)
-
2009
- DOI
-
doi:10.6092/unibo/amsacta/4574
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:45 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Lambertini, Luca
- Alma Mater Studiorum - Università di Bologna, Dipartimento di Scienze Economiche (DSE)
Entstanden
- 2009
Ähnliche Objekte (12)
Process R&D in Monopoly under Demand Uncertainty
Monopoly à la Hotelling
Does Monopoly Undersupply Product Quality?
Dynamic Hotelling Monopoly with Product Development
Optimal Product Proliferation in Monopoly: A Dynamic Analysis
Production and Advertising in a Dynamic Hotelling Monopoly
Product Innovation Under Vertical Differentiation and the Persistence of Monopoly
The make-or-buy choice in a mixed oligopoly: a theoretical investigation
Process Innovation and the Persistence of Monopoly with Labour-Managed Firms
Monopoly, Quality, and Network Externalities
Network Externalities in a Dynamic Monopoly
Process and Product Innovation in a Vertically Differentiated Monopoly
Process R&D in Monopoly under Demand Uncertainty
Monopoly à la Hotelling
Does Monopoly Undersupply Product Quality?
Dynamic Hotelling Monopoly with Product Development
Optimal Product Proliferation in Monopoly: A Dynamic Analysis
Production and Advertising in a Dynamic Hotelling Monopoly
Product Innovation Under Vertical Differentiation and the Persistence of Monopoly
The make-or-buy choice in a mixed oligopoly: a theoretical investigation
Process Innovation and the Persistence of Monopoly with Labour-Managed Firms
Monopoly, Quality, and Network Externalities
Network Externalities in a Dynamic Monopoly
Process and Product Innovation in a Vertically Differentiated Monopoly
Process R&D in Monopoly under Demand Uncertainty
Monopoly à la Hotelling
Does Monopoly Undersupply Product Quality?
Dynamic Hotelling Monopoly with Product Development
Optimal Product Proliferation in Monopoly: A Dynamic Analysis
Production and Advertising in a Dynamic Hotelling Monopoly
Product Innovation Under Vertical Differentiation and the Persistence of Monopoly
The make-or-buy choice in a mixed oligopoly: a theoretical investigation
Process Innovation and the Persistence of Monopoly with Labour-Managed Firms
Monopoly, Quality, and Network Externalities
Network Externalities in a Dynamic Monopoly