Construct · 1 fields · 1 citations

double marginalization: a standalone construct

One name. One construct. A landmark on the map.

● anchor · a standalone construct Nearest construct by meaning·not indexed
doublemarginalization1 CONSTRUCTDouble marginalizationSPENGLER · SUPPLY CHAIN

A single standalone construct; nearby constructs are located against it in the Collider. Tap a field for its definition, unit, and measures.

Supply chain management

the inefficiency that arises when two firms in a vertical chain each add a markup, raising price and lowering total profit.

In supply chain management, double marginalization refers to the inefficiency that arises when two firms in a vertical chain each add a markup, raising price and lowering total profit. This meaning comes from Spengler (1950) in Journal of Political Economy.[1]

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Nearby constructs

chain3 fields · 3 citationsjingle · one word, three constructsprice-only contract1 fields · 1 citationsanchor · a standalone constructraising1 fields · 1 citationsanchor · one construct, one field

References

  1. Spengler, J. J. (1950). Vertical Integration and Antitrust Policy. Journal of Political Economy, 58(4), 347-352. https://doi.org/10.1086/256964

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