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Vertical Contracts That Reference Rivals
Authors:Liu  Fan  Sibley  David S.  Zhao  Wei
Affiliation:1.School of Finance, Nankai University, 38 Tongyan Road, Haihe Education Park, Jinnan District, Tianjin, 300350, People’s Republic of China
;2.Department of Economics, The University of Texas at Austin, Austin, USA
;3.Competition Economics LLC, Emeryville, USA
;
Abstract:Review of Industrial Organization - We study two types of vertical contracts that reference rivals: the “vertical price constraint” (VPC) requires retail prices for a...
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