Colluding through suppliers

S Piccolo, J Miklós‐Thal - The RAND Journal of Economics, 2012 - Wiley Online Library
This article investigates downstream firms' ability to collude in a repeated game of
competition between supply chains. We show that downstream firms with buyer power can …

The strategic value of partial vertical integration

R Fiocco - European Economic Review, 2016 - Elsevier
We investigate the strategic incentives for partial vertical integration, namely, partial
ownership agreements between manufacturers and retailers, when retailers privately know …

Making sense of nonbinding retail-price recommendations

S Buehler, DL Gärtner - American Economic Review, 2013 - aeaweb.org
We model retail-price recommendations (RPRs) as a communication device in vertical
supply relations with private manufacturer information on production costs and consumer …

Delegation, Ownership Concentration and R & D Spending: Evidence From I taly

J Kastl, D Martimort, S Piccolo - The Journal of Industrial …, 2013 - Wiley Online Library
We use data from the Italian manufacturing industry to document a positive correlation
between delegation and R & D. This result is robust to controlling for the determinants of R & …

Usefulness of resale price maintenance under different levels of sales-effort cost and system-parameter uncertainties

AHL Lau, HS Lau, JC Wang - European Journal of Operational Research, 2010 - Elsevier
Usefulness of resale price maintenance under different levels of sales-effort cost and system-parameter
uncertainties - ScienceDirect Skip to main contentSkip to article Elsevier logo Journals & …

The strategic value of quantity forcing contracts

D Martimort, S Piccolo - American Economic Journal: Microeconomics, 2010 - aeaweb.org
We explore the strategic value of quantity forcing contracts in a manufacturer-retailer
environment under both adverse selection and moral hazard. Manufacturers dealing with …

Product market competition and organizational slack under profit-target contracts

S Piccolo, M D'Amato, R Martina - International Journal of Industrial …, 2008 - Elsevier
In a framework à la Martin (1993) we introduce a common component in the managers'
private information in order to address three related questions: What is the impact of …

Why do contracts between airlines and airports fail?

C Barbot, T D'Alfonso - Research in Transportation Economics, 2014 - Elsevier
We investigate the sustainability of vertical contracts between airports and airlines. We focus
on the case of Quantity Forcing contracts, with a theoretical model that accommodates …

Vertical contracting with endogenous market structure

M Pagnozzi, S Piccolo, M Reisinger - Journal of Economic Theory, 2021 - Elsevier
We analyze vertical contracting between a manufacturer and retailers who have correlated
private information. The manufacturer chooses the number of retailers and secretly contracts …

Vertical price restraints and free entry under asymmetric information

LM Bonazzi, R Fiocco, S Piccolo - The Journal of Industrial …, 2021 - Wiley Online Library
In a vertically related market where the number of manufacturer‐retailer hierarchies is
endogenously determined by free entry, we investigate the impact of vertical price restraints …