Abstract
This paper demonstrates that firms and consumers may mutually benefit from the economic recession if the supply chain structure is explicitly taken into consideration. The model characteristics include consumer heterogeneity, intra-channel mis-coordination, and strategic interactions in this upstream–downstream relationship. The analysis reveals the possibility of Pareto improvement along the supply chain, and identifies the concrete regimes in which these mutual benefits may arise.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.