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カナザワ ユウイチロウ
Kanazawa Yuichiro 金澤 雄一郎 所属 神奈川大学 経済学部 経済学科/現代ビジネス学科 職種 教授 |
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言語種別 | 英語 |
発行・発表の年月 | 2016/08 |
形態種別 | 学術雑誌 |
査読 | 査読あり |
標題 | Is product with a special feature still rewarding? The case of the Japanese yogurt market |
執筆形態 | 共著 |
掲載誌名 | Cogent Economics and Finance |
掲載区分 | 国外 |
出版社・発行元 | Taylor & Francis |
巻・号・頁 | 4(1) |
担当区分 | 責任著者 |
著者・共著者 | ◎Tomohito KAMAI, Yuichiro KANAZAWA |
概要 | Manufacturers of packaged consumer goods strive to develop a new product with a distinctive feature that could provide additional value to consumers. However, as some have argued, it is less clear whether such an effort is still rewarding in terms of margin if manufacturers are losing power to retailers. To investigate this issue, we conduct an economic analysis in the Japanese yogurt market incorporating strategic interaction between manufacturers and a retailer as well as between manufacturers by extending the framework employed in the earlier literature to incorporate the retailer Stackelberg game. This framework can reflect the possible power shift from manufacturers to retailers. We find the margin of manufacturers on special featured brands are larger than those on the others. In this research, we successfully portray the symmetrical relationship between manufacturer and retailer Stackelberg games, whereby the vertical Nash game is located in the midpoint of those two games. |
DOI | https://doi.org/10.1080/23322039.2016.1221231 |
ISSN | 23322039 |