2018년 3월 25일 일요일

발췌: Andrei, Wright// Marketplace or Reseller? (2014)


출처: Andrei Hagiu and Julian Wright, "Marketplace or reseller?", 2014.


※ 발췌 (excerpt):

ABSTRACT:

Intermediaries can choose between functioning as a marketplace (on which suppliers sell their products directly to buyers) or as a reseller (purchasing products from suppliers and selling them to buyers). We model this as a decision between whether control rights over a non-contractible decision variable (the choice of some marketing activity) are better held by suppliers (the marketplace-mode) or by the intermediary (the reseller-mode). Whether the marketplace or the reseller mode is preferred depends on whether independent suppliers or the intermediary have more important information relevant to the optimal tailoring of marketing activities for each specific product. We show that this tradeoff is shited towards the reseller-mode when marketing activities create spillovers across products and when network effect lead to unfavorable expectations about supplier participation. ( ... ... )

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