Construct · 1 fields · 1 citations

downstream vertical integration equilibrium: a standalone construct

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

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downstream verticalintegration equilibrium1 CONSTRUCTDownstream verticalMCGUIRE · BUSINESS-TO-BUSINESS

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Business-to-business marketing

the result that competing manufacturers may prefer independent retailers to integrated ones when products are close substitutes, because intermediaries soften price competition.

In business-to-business marketing, downstream vertical integration equilibrium refers to the result that competing manufacturers may prefer independent retailers to integrated ones when products are close substitutes, because intermediaries soften price competition. This meaning comes from McGuire (1983) in Marketing Science.[1]

Unit
Recovery means
Measured by

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Nearby constructs

equilibrium4 fields · 4 citationsjingle · one word, four constructsintegration5 fields · 7 citationsjingle · one word, five constructstransaction cost4 names · 5 citationsjangle · the cost of using the market

References

  1. McGuire, T. W., & Staelin, R. (1983). An Industry Equilibrium Analysis of Downstream Vertical Integration. Marketing Science, 2(2), 161-191. https://doi.org/10.1287/mksc.2.2.161

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