資源描述：
《strategic bargaining and vertical separation 2098462》由會(huì)員上傳分享，免費(fèi)在線(xiàn)閱讀，更多相關(guān)內(nèi)容在學(xué)術(shù)論文-天天文庫(kù)。
1、StrategicBargainingandVerticalSeparationAuthor(s):BruceR.LyonsandKhalidSekkatSource:TheJournalofIndustrialEconomics,Vol.39,No.5(Sep.,1991),pp.577-593Publishedby:WileyStableURL:http://www.jstor.org/stable/2098462.Accessed:13/12/201307:47YouruseoftheJSTORarchiveindicatesyouracceptanceoftheTerm
2、s&ConditionsofUse,availableat.http://www.jstor.org/page/info/about/policies/terms.jsp.JSTORisanot-for-profitservicethathelpsscholars,researchers,andstudentsdiscover,use,andbuilduponawiderangeofcontentinatrusteddigitalarchive.Weuseinformationtechnologyandtoolstoincreaseproductivityandfacilita
3、tenewformsofscholarship.FormoreinformationaboutJSTOR,pleasecontactsupport@jstor.org..WileyiscollaboratingwithJSTORtodigitize,preserveandextendaccesstoTheJournalofIndustrialEconomics.http://www.jstor.orgThiscontentdownloadedfrom113.108.133.58onFri,13Dec201307:47:13AMAllusesubjecttoJSTORTermsa
4、ndConditionsTHEJOURNALOFINDUSTRIALECONOMICS0022-1821$2.00VolumeXXXIXSeptember1991No.5STRATEGICBARGAININGANDVERTICALSEPARATION*BRUCER.LYONSandKHALIDSEKKATCurrenttheoriesoftheverticallimitstofirmsizeemphasisetheconsequencesofopportunisticbehaviourbymanagers.Weintroduceopportunisticwagesettingb
5、ylabourunionsandtracetheimplicationsforprofitandinvestmentinspecificassets.Althoughsubcontractingtoanindependentsupplierleavestheentrepreneurwithareducedshareofthesurplus,heisabletopassontheresponsibilityformakingcertaininvestments.Twosignificantresultsarethateithersubcontractingorverticalin
6、tegrationmaybeprivatelypreferredyetsociallyinefficient;andthereisnostraightforwardrelationshipbetweenorganisationalchoiceandspecificcapitalintensity.I.INTRODUCTIONITISnowwidelyacceptedthattheboundariesofthefirmaredeterminedbytransactioncosts.Spotmarkettransactionsareunabletoattenuateopportun
7、isticbehaviourandformallegalcontractsareoftenlittlebetterbecausetheyrequirepotentialcontingenciestobefullyspecifiedandactionsverifiableinlaw.Inasmuchasactionsarenotverifiable,orpotentialcontingenciesaretoocomplex,thenthelawisineffectiveandthefirmmi
