變局與挑戰貿易政策與產業組織研究群

研討日期

Date, time

2025-10-13 T 10:30-12:00

研討地點

Location

國立臺灣大學社會科學院710會議室

Room 710, College of Social Science, NTU

主講題目

Title of the paper

Timing of Outsourcing

作者

Authors of the paper

Chia-Hung Sun

文獻出處

Journal, vol.(issue), pp

Working Paper

主講人

Presenter

孫嘉宏

參加人員 Participants

黃鴻,孫嘉宏,王光正,王羿傑,林燕淑,施全,高國峯,許至乙,林晏如,蕭溙辰,Ayu Sasni Munte Micah MainalaUmiartah MunteKarl Finke

摘要

Abstract of the Paper

This paper develops a dynamic timing game of outsourcing adoption in vertically related markets. Two vertically integrated firms, initially producing with in-house inputs, may outsource to specialized contractors through Nash bargaining over two-part tariff contracts. We show that outsourcing timing depends critically on in-house production costs and product market competition. When in-house costs are low, both firms outsource simultaneously, generating clustering of adoption and profits below those under no outsourcing, a prisoner’s dilemma. When in-house costs are high, outsourcing occurs sequentially, with the leader enjoying a first-mover advantage. We further show that neither higher product-market competition nor higher in-house costs necessarily induce earlier outsourcing. Extensions demonstrate that centralized bargaining accelerates outsourcing relative to decentralized bargaining, while exclusive input relations delay adoption. Welfare analysis shows that firms typically outsource too late, as they internalize only private profits and neglect the impact on consumer surplus and the rival’s profits.