Academic SeminarBuyer Power and Information Sharing
- Date
- 2019-06-03 ~ 2019-06-03
- Place
- Supex Building 3rd, Lecture Room S301
- Department
- School of Management Engineering
We would like to invite you to participate in Management Engineering (ME) Seminar.
1. When: June 3rd (Monday), 10:00 ~ 11:30
2. Where: Supex Building 3rd, Lecture Room S301
3. Speaker: Prof. Kim, In Kyung (Nazarbayev University)
4. Topic: Buyer Power and Information Sharing
5. Research field: Managerial Economics
* Lecture will be delivered in English.
[Abstract]
We study how buyer power affects producers' incentives to share information with retailers. Using hand-collected data on the presence of retail price recommendations, whose role as information sharing device was recently highlighted in the literature, we find evidence that higher buyer power discourages information sharing. To explain our finding, we develop a simple model and show that full information disclosure is optimal only when buyer power is sufficiently low.