Supplement to Buyer Alliances in Vertically Related Markets
16 Pages Posted: 2 Oct 2019 Last revised: 31 Oct 2019
Date Written: September 12, 2019
Full paper is available at: https://ssrn.com/abstract=3452497
Supplemental Material to the article "Buyer Alliances in Vertically Related Market". I first develop a model of vertical relationships that provides theoretical grounds for the status quo effect and the nondiscrimination effect from buyer alliances. Then, I outline the generating process of Figure 2 which illustrates these effects. Finally, I provide further details about the moments and the procedure used to estimate the demand model.
Keywords: Bilateral oligopoly, Countervailing buyer power, Bargaining, Antitrust policy
JEL Classification: C78, D43, L11, L13, L14, L41, L81
Suggested Citation: Suggested Citation