研討日期

2020824日上午10:20~ 12:30

研討地點

國立臺灣大學710討論室

主講題目

Title of the paper

Pricing Internal Trade, Licensing External Rivals, and Market Performance

作者

Authors of the paper

Chih-Min She, Shih-Jye Wu, and Ya-Po Yang

文獻出處

Journal, vol.(issue), pp

Working paper

主講人

楊雅博

參加人員

楊雅博、王光正、王羿傑、林燕淑、彭正浩、周宗翰、林虢楙、洪珮瑜、許雅媚、Lusangu MkandawireDamiana SimanjuntakDong Van Chung、陳彥勳、許至乙、賴宜君

摘要

Abstract of the paper

This paper analyzes how a decentralized firm, facing the competition with a centralized firm in the downstream market, can manipulate both of an internal transfer price and an external license contract to achieve its preferred objective. We found that the transfer pricing as well as the technology licensing can be judiciously used by the decentralized firm as complementary tools to practice full collusion with its rival, which may be detrimental to consumer and social welfare. This novel finding is qualitatively robust under various directions of extension: heterogeneous products, alternative time structure, and bargaining power in signing a licensing contract.