Inventory in vertical relationships with private information and interdependent values
Publication
, Journal Article
Anton, J; Biglaiser, G; Lewis, T
Published in: International Journal of Economic Theory
March 1, 2011
We study the use of inventory when a distributor is better informed about demand than a manufacturer. We find that when distributor and manufacturer values are interdependent it is optimal to endow the distributor with some inventory before it obtains its private information. We characterize the final allocation of the good and show that the distributor may have too few (many) units relative to the efficient allocation when demand is high (low). © IAET.
Duke Scholars
Published In
International Journal of Economic Theory
DOI
EISSN
1742-7363
ISSN
1742-7355
Publication Date
March 1, 2011
Volume
7
Issue
1
Start / End Page
51 / 63
Related Subject Headings
- 3803 Economic theory
- 3801 Applied economics
- 1401 Economic Theory
Citation
APA
Chicago
ICMJE
MLA
NLM
Anton, J., Biglaiser, G., & Lewis, T. (2011). Inventory in vertical relationships with private information and interdependent values. International Journal of Economic Theory, 7(1), 51–63. https://doi.org/10.1111/j.1742-7363.2010.00153.x
Anton, J., G. Biglaiser, and T. Lewis. “Inventory in vertical relationships with private information and interdependent values.” International Journal of Economic Theory 7, no. 1 (March 1, 2011): 51–63. https://doi.org/10.1111/j.1742-7363.2010.00153.x.
Anton J, Biglaiser G, Lewis T. Inventory in vertical relationships with private information and interdependent values. International Journal of Economic Theory. 2011 Mar 1;7(1):51–63.
Anton, J., et al. “Inventory in vertical relationships with private information and interdependent values.” International Journal of Economic Theory, vol. 7, no. 1, Mar. 2011, pp. 51–63. Scopus, doi:10.1111/j.1742-7363.2010.00153.x.
Anton J, Biglaiser G, Lewis T. Inventory in vertical relationships with private information and interdependent values. International Journal of Economic Theory. 2011 Mar 1;7(1):51–63.
Published In
International Journal of Economic Theory
DOI
EISSN
1742-7363
ISSN
1742-7355
Publication Date
March 1, 2011
Volume
7
Issue
1
Start / End Page
51 / 63
Related Subject Headings
- 3803 Economic theory
- 3801 Applied economics
- 1401 Economic Theory