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Commitments and Contests: a Game-Theoretic Perspective on Japanese Vertical Relationships

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Author Info

  • Kenji Kojima

    (Research Institute for Economics & Business Administration (RIEB), Kobe University, Japan)

Abstract

Various arrangements in vertical relationships have evolved in different countries to attain efficient trading relationships. Vertical relationships in Japan can be identified to have distinctive characteristics in several aspects compared with those in other countries. This study is a comprehensive understanding of Japanese vertical relationships based on the economic theory, particularly game theory and various empirical findings. Insights on the efficiency and governance mechanisms of the vertical relationships can be gained by investigating various arrangements of the vertical relationships from a game-theoretic perspective.

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Bibliographic Info

Paper provided by Research Institute for Economics & Business Administration, Kobe University in its series Discussion Paper Series with number 110.

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Length: 92 pages
Date of creation: Jun 2000
Date of revision:
Handle: RePEc:kob:dpaper:110

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Related research

Keywords: Japan; Game theory; Industrial structure;

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Cited by:
  1. Schmid, Frank A. & Wahrenburg, Mark, 2003. "Mergers and acquisitions in Germany: Social-setting and regulatory framework," CFS Working Paper Series 2003/28, Center for Financial Studies (CFS).
  2. Frank A. Schmid & Mark Wahrenburg, 2002. "Mergers and acquisitions in Germany," Working Papers 2002-027, Federal Reserve Bank of St. Louis.

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