Exit and Voice in vertical relationship : some proposals for transposing Hirschman's model (In French)
AbstractThe aim of this paper is to transpose the A.O. Hirschman's exit/voice model into the analysis of vertical relationships. We stress the analogy between Albert Hirschman point of departure and the vertical relationship problem. The firms deal with many problems that occur during their relation : Interfirms deficiencies can occur into the relation. Suppliers and buyers need to define a reaction behavior. The categories of exit and voice establish the two possibilities of reaction of the buyers and suppliers in front of the arisen of a failing. So, it is possible to describe in a stylized way how owe be organized vertical relationship so that the exercise of the exit and the voice is feasible.
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Bibliographic InfoPaper provided by Groupement de Recherches Economiques et Sociales in its series Cahiers du GRES with number 2003-04.
Date of creation: 2003
Date of revision:
Exit Voice Hirschman Vertical relationship - Inter-firms deficiency;
Find related papers by JEL classification:
- B20 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - General
- B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Institutional; Evolutionary
- L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure
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