Bundled Procurement-厦门大学金融系

Bundled Procurement
主讲人 Jianpei Li 简介 <p>Abstract: When procuring multiple products from competing</p> <div>firms, a buyer may choose separate purchase, pure bundling, or mixed</div> <div>bundling. We show that pure bundling will generate higher buyer surplus than</div> <div>both separate purchase and mixed bundling, provided that trade for each good</div> <div>is likely to be efficient. Pure bundling is superior because it intensifies</div> <div>the competition between firms by reducing their cost asymmetry. Mixed</div> <div>bundling is inferior because it allows firms to coordinate to the high</div> <div>prices associated with separate purchase. (Pure) bundling is more likely to</div> <div>be selected as a procurement strategy when: (i) the products' values are</div> <div>higher relative to their possible costs, (ii) costs for different goods are</div> <div>more negatively or less positively dependent, or (iii) the cost distribution</div> <div>of each product is more dispersed.</div>
时间 2015-04-23(星期四)16:40-18:00 地点 N302 经济楼/Economics Building
讲座语言 English 主办单位 WISE-SOE
承办单位 类型 系列讲座
联系人信息 主持人 Yun Wang
专题网站 专题
主讲人简介 <p>Professor, Ph.D. in Economics</p> <div> <div>School of International Trade and Economics</div> </div> <div>University of International Business&nbsp;and Economics</div> <div>&nbsp;</div> <div><a href="/EventsMgr/Upload/File/2015/4/20150415110356911.pdf">Prof. Jianpei Li'CV</a></div> 期数 “WISE-SOE”高级经济学系列讲座2015春季学期第五讲(总第344讲)--微观领域
系列讲座