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Welfare effects of dominant retailers

Myeonghwan Cho & Unjy Song

Journal of Economic Research2020article
ABDC B
Weight
0.26

Abstract

This paper analyzes three variants of a model to study the welfare effects of dominant retailers’ presence in a competitive-goods market. We consider a competitive market with numerous consumers and producers who manufacture and retail. We assume that the dominant retailers are more cost-efficient in retailing than the producer and have market power both in upstream and downstream markets. In our model, entry of two dominant retailers always benefits the market if the producer stays in the retail market to generate competition pressure. However, if the dominant retailers replace the producer in retailing, there are trade-offs between cost-efficiency and competition.

Cite this paper

@article{myeonghwan2020,
  title        = {{Welfare effects of dominant retailers}},
  author       = {Myeonghwan Cho & Unjy Song},
  journal      = {Journal of Economic Research},
  year         = {2020},
}

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Welfare effects of dominant retailers

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Evidence weight

0.26

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.00 × 0.4 = 0.00
M · momentum0.20 × 0.15 = 0.03
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.