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題名 To "Make" or to "Buy"?Innovation and Vertical Integration in Vertically-related Markets
作者 李文傑
Lee, Wen-chieh
貢獻者 溫偉任
李文傑
Lee, Wen-chieh
關鍵詞 賽局理論
上游廠商
下游廠商
研發活動
反拖拉斯法
game theory
upstream
downstream
R&D
antitrust
double marginalization
spillover
日期 2003
上傳時間 18-Sep-2009 18:55:16 (UTC+8)
摘要 本文以一個簡單賽局理論模型為分析依據,探討企業間的自製或是外包策略對整體社會福利的影響。 傳統經濟理論分析告訴我們自製策略可以解決雙重邊際化的問題。但在本文我們舉出一個反例,亦即當存在研發的可能及上下遊市場的研發外溢效果時,垂直整合可能會造成廠商過度研發的情形,最終產生整體社會福利不效益情形。
In this paper, we set up a game-theoretic model, in which the whole industry is composed of a downstream monopolist and two upstream firms. This paper discusses the major debate in a firm’s market strategy: to make or to buy the components it needs. Traditionally, economic theories told us that vertical integration strategy (make strategy) can solve the problem of double marginalization and hence increase profits as well as social welfare. Nevertheless, this result does not necessarily hold when R&D possibility is introduced. We show that when there is downstream to upstream R&D spillover, vertical integration may result in an over-investment in R&D from the social standpoint. This result may shed some light on the rationale behind recent antitrust rulings.
參考文獻 1.Areeda, Phillip, Kaplow, Louis., 1997, ""Antitrust Analysis
5th edition," Aspen Law and Business.
2.Choi, J.P., 1989, ""An Analysis of Cooperative R&D,"
Working Paper, Development of Economics, Harvard University.
3.Choi, J.P., 1993, ""Cooperative R&D with product market
competition," International Journal of Industrial
Organization,11, 553-71.
4.Choi, J.P., Gwanghoon Lee and Christodoulous Stefanadis,
2002, ""The Effects of Integration on R&D Incentives in
Systems Markets," Payment System Studies, Research Dept.,
Federal Reserve Bank of New York.
5.d`Aspremont, C. and A.Jacquemin, 1988, ""Cooperative and Noncooperative R&D in Duopoly with Spillovers," American
Economic Review, 5, 1133-7.
6.Damiano Bruno Silipo, and Avi Weiss, 2001, ""Cooperation and
Competition in R&D with Uncertainty and Spillovers," Report
of research project supported by Science Technology and the
Economy Program, (STE), at the Samuel Neaman Institute for
Advanced Studies in Science and Technology.
7.Gellhorn, Ernest, Kovacic, William E., 1994, ""Antitrust Law
and Economics 4th\\quad edition," St. Paul,Minn.
8.Katz, M.L., 1986, ""An analysis of cooperative research and
development," European Journal of Political Economy, 4,
527-43.
9.Marjit, S., 1991, ""Incentives for cooperative and non-
cooperative R and D in Duopoly," Economics Letters, 37,
187-191.
10.Motta, M., 1992, ""Cooperative R&D and vertical product
differentiation," International Journal of Industrial
Organization, 10, 643-61.
11.Suzumura, K., 1992, ""Cooperative and Non-cooperative R&D
in a Oligopoly with Spillovers," American Economic Review,
82, 1307-20.
12.Tirole,J., 1988, ""The Theory of Industrial Organization,"
MIT Press, Cambridge, MA.
描述 碩士
國立政治大學
國際經營與貿易研究所
197878
92
資料來源 http://thesis.lib.nccu.edu.tw/record/#G0091351001
資料類型 thesis
dc.contributor.advisor 溫偉任zh_TW
dc.contributor.author (Authors) 李文傑zh_TW
dc.contributor.author (Authors) Lee, Wen-chiehen_US
dc.creator (作者) 李文傑zh_TW
dc.creator (作者) Lee, Wen-chiehen_US
dc.date (日期) 2003en_US
dc.date.accessioned 18-Sep-2009 18:55:16 (UTC+8)-
dc.date.available 18-Sep-2009 18:55:16 (UTC+8)-
dc.date.issued (上傳時間) 18-Sep-2009 18:55:16 (UTC+8)-
dc.identifier (Other Identifiers) G0091351001en_US
dc.identifier.uri (URI) https://nccur.lib.nccu.edu.tw/handle/140.119/36589-
dc.description (描述) 碩士zh_TW
dc.description (描述) 國立政治大學zh_TW
dc.description (描述) 國際經營與貿易研究所zh_TW
dc.description (描述) 197878zh_TW
dc.description (描述) 92zh_TW
dc.description.abstract (摘要) 本文以一個簡單賽局理論模型為分析依據,探討企業間的自製或是外包策略對整體社會福利的影響。 傳統經濟理論分析告訴我們自製策略可以解決雙重邊際化的問題。但在本文我們舉出一個反例,亦即當存在研發的可能及上下遊市場的研發外溢效果時,垂直整合可能會造成廠商過度研發的情形,最終產生整體社會福利不效益情形。zh_TW
dc.description.abstract (摘要) In this paper, we set up a game-theoretic model, in which the whole industry is composed of a downstream monopolist and two upstream firms. This paper discusses the major debate in a firm’s market strategy: to make or to buy the components it needs. Traditionally, economic theories told us that vertical integration strategy (make strategy) can solve the problem of double marginalization and hence increase profits as well as social welfare. Nevertheless, this result does not necessarily hold when R&D possibility is introduced. We show that when there is downstream to upstream R&D spillover, vertical integration may result in an over-investment in R&D from the social standpoint. This result may shed some light on the rationale behind recent antitrust rulings.en_US
dc.description.tableofcontents 1 Introduction.....................................1

2 Competition in Upstream Market...................5
2.1 The Model....................................5
2.2 The parametric Constraint....................8
2.3 Price Competition...........................13
3 Vertical Integration............................16
3.1 Integration Incentives......................19
4 Social Welfare Comparison.......................22
5 Comparative Statics.............................24
6 Conclusion......................................28
7 Reference.......................................30
8 Appendix........................................32
8.1 Proof.......................................32
zh_TW
dc.language.iso en_US-
dc.source.uri (資料來源) http://thesis.lib.nccu.edu.tw/record/#G0091351001en_US
dc.subject (關鍵詞) 賽局理論zh_TW
dc.subject (關鍵詞) 上游廠商zh_TW
dc.subject (關鍵詞) 下游廠商zh_TW
dc.subject (關鍵詞) 研發活動zh_TW
dc.subject (關鍵詞) 反拖拉斯法zh_TW
dc.subject (關鍵詞) game theoryen_US
dc.subject (關鍵詞) upstreamen_US
dc.subject (關鍵詞) downstreamen_US
dc.subject (關鍵詞) R&Den_US
dc.subject (關鍵詞) antitrusten_US
dc.subject (關鍵詞) double marginalizationen_US
dc.subject (關鍵詞) spilloveren_US
dc.title (題名) To "Make" or to "Buy"?Innovation and Vertical Integration in Vertically-related Marketszh_TW
dc.type (資料類型) thesisen
dc.relation.reference (參考文獻) 1.Areeda, Phillip, Kaplow, Louis., 1997, ""Antitrust Analysiszh_TW
dc.relation.reference (參考文獻) 5th edition," Aspen Law and Business.zh_TW
dc.relation.reference (參考文獻) 2.Choi, J.P., 1989, ""An Analysis of Cooperative R&D,"zh_TW
dc.relation.reference (參考文獻) Working Paper, Development of Economics, Harvard University.zh_TW
dc.relation.reference (參考文獻) 3.Choi, J.P., 1993, ""Cooperative R&D with product marketzh_TW
dc.relation.reference (參考文獻) competition," International Journal of Industrialzh_TW
dc.relation.reference (參考文獻) Organization,11, 553-71.zh_TW
dc.relation.reference (參考文獻) 4.Choi, J.P., Gwanghoon Lee and Christodoulous Stefanadis,zh_TW
dc.relation.reference (參考文獻) 2002, ""The Effects of Integration on R&D Incentives inzh_TW
dc.relation.reference (參考文獻) Systems Markets," Payment System Studies, Research Dept.,zh_TW
dc.relation.reference (參考文獻) Federal Reserve Bank of New York.zh_TW
dc.relation.reference (參考文獻) 5.d`Aspremont, C. and A.Jacquemin, 1988, ""Cooperative and Noncooperative R&D in Duopoly with Spillovers," Americanzh_TW
dc.relation.reference (參考文獻) Economic Review, 5, 1133-7.zh_TW
dc.relation.reference (參考文獻) 6.Damiano Bruno Silipo, and Avi Weiss, 2001, ""Cooperation andzh_TW
dc.relation.reference (參考文獻) Competition in R&D with Uncertainty and Spillovers," Reportzh_TW
dc.relation.reference (參考文獻) of research project supported by Science Technology and thezh_TW
dc.relation.reference (參考文獻) Economy Program, (STE), at the Samuel Neaman Institute forzh_TW
dc.relation.reference (參考文獻) Advanced Studies in Science and Technology.zh_TW
dc.relation.reference (參考文獻) 7.Gellhorn, Ernest, Kovacic, William E., 1994, ""Antitrust Lawzh_TW
dc.relation.reference (參考文獻) and Economics 4th\\quad edition," St. Paul,Minn.zh_TW
dc.relation.reference (參考文獻) 8.Katz, M.L., 1986, ""An analysis of cooperative research andzh_TW
dc.relation.reference (參考文獻) development," European Journal of Political Economy, 4,zh_TW
dc.relation.reference (參考文獻) 527-43.zh_TW
dc.relation.reference (參考文獻) 9.Marjit, S., 1991, ""Incentives for cooperative and non-zh_TW
dc.relation.reference (參考文獻) cooperative R and D in Duopoly," Economics Letters, 37,zh_TW
dc.relation.reference (參考文獻) 187-191.zh_TW
dc.relation.reference (參考文獻) 10.Motta, M., 1992, ""Cooperative R&D and vertical productzh_TW
dc.relation.reference (參考文獻) differentiation," International Journal of Industrialzh_TW
dc.relation.reference (參考文獻) Organization, 10, 643-61.zh_TW
dc.relation.reference (參考文獻) 11.Suzumura, K., 1992, ""Cooperative and Non-cooperative R&Dzh_TW
dc.relation.reference (參考文獻) in a Oligopoly with Spillovers," American Economic Review,zh_TW
dc.relation.reference (參考文獻) 82, 1307-20.zh_TW
dc.relation.reference (參考文獻) 12.Tirole,J., 1988, ""The Theory of Industrial Organization,"zh_TW
dc.relation.reference (參考文獻) MIT Press, Cambridge, MA.zh_TW