Buyer Power and Supplier Incentives

This paper argues that - in contrast to an often expressed view - the formation of larger and more powerful buyers need not reduce welfare by stifling suppliers' incentives. If contracts are determined in bilateral negotiations, the presence of larger buyers may both increase suppliers' incentives for product improvement and induce suppliers to choose a more efficient technology. The paper also isolates two different channels by which larger buyers can obtain a discount.Buyer power; Merger; Retailing

Documents from the February 26, 1986 meeting of the Associated Students of the University of Montana (ASUM)

Documents from the February 26, 1986 meeting of the Associated Students of the University of Montana (ASUM), including an agenda and meeting minutes

Trade integration between Eastern and Western Europe: Politics follows the market

This paper examines to what extent Eastern Europe trade reorientation towards the West has been driven by market forces versus policies for regional integration. Hierarchical cluster analysis based on bilateral trade intensity reveals the convergence of regional trade structures to the pre-World-War II pattern. Estimates of the expected trade pattern of Eastern Europe with a gravity model predict continuing rising importance of the EU. Furthermore, the assessment of the welfare implications of preferential access to EU markets shows that beneficial effects of trade expansion are likely to outweigh possible distortions. Hence integration policies follow the facts created by the market.

Development of a severe local storm prediction system: A 60-day test of a mesoscale primitive equation model

The progress and problems associated with the dynamical forecast system which was developed to predict severe storms are examined. The meteorological problem of severe convective storm forecasting is reviewed. The cascade hypothesis which forms the theoretical core of the nested grid dynamical numerical modelling system is described. The dynamical and numerical structure of the model used during the 1978 test period is presented and a preliminary description of a proposed multigrid system for future experiments and tests is provided. Six cases from the spring of 1978 are discussed to illustrate the model's performance and its problems. Potential solutions to the problems are examined

Analytical modeling of operating characteristics of premixing-prevaporizing fuel-air mixing passages. Volume 2: User's manual

A user's manual describing the operation of three computer codes (ADD code, PTRAK code, and VAPDIF code) is presented. The general features of the computer codes, the input/output formats, run streams, and sample input cases are described

Documents from the February 25, 1987 meeting of the Associated Students of the University of Montana (ASUM)

Documents from the February 25, 1987 meeting of the Associated Students of the University of Montana (ASUM), including an agenda and meeting minutes

Analysis of X-ray and EUV spectra of solar active regions

Data acquired by two flights of an array of six Bragg crystal spectrometers on an Aerobee rocket to obtain high spatial and spectral resolution observations of various coronal features at soft X-ray wavelengths (9-23A) were analyzed. The various aspects of the analysis of the X-ray data are described. These observations were coordinated with observations from the experiments on the Apollo Telescope Mount and the various data sets were related to one another. The Appendices contain the published results, abstracts of papers, computer code descriptions and preprints of papers, all produced as a result of this research project