---
_id: '2570'
abstract:
- lang: eng
  text: On an intermediate goods market we consider vertical and horizontal product
    differentiation and analyze the impact of simultaneous competition for resources
    and the demand of customers on the market outcome. Asymmetries between intermediaries
    may arise due to distinct product qualities as well as by reasons of different
    production technologies. The intermediaries compete on the output market by choosing
    production quantities sequentially and for the supplies of a monopolistic input
    supplier on the input market. It turns out that there exist differences in product
    quality and productivities such that an intermediary being the Stackelberg leader
    has no incentive to procure inputs, whereas in the role of the Stackelberg follower
    will participate in the market. Moreover, we find that given an intermediary is
    more competitive, his equilibrium output quantity is higher when being the leader
    than when being the follower. Interestingly, if the intermediary is less competitive
    and goods are complements, there may exist asymmetries such that an intermediary
    being in the position of the Stackelberg follower offers higher output quantities
    in equilibrium than when being in the position of the Stackelberg leader.
author:
- first_name: Jochen
  full_name: Manegold, Jochen
  last_name: Manegold
citation:
  ama: Manegold J. <i>Stackelberg Competition among Intermediaries in a Differentiated
    Duopoly with Product Innovation</i>. Vol 98. CIE Working Paper Series, Paderborn
    University; 2016.
  apa: Manegold, J. (2016). <i>Stackelberg Competition among Intermediaries in a Differentiated
    Duopoly with Product Innovation</i> (Vol. 98). CIE Working Paper Series, Paderborn
    University.
  bibtex: '@book{Manegold_2016, series={Working Papers CIE}, title={Stackelberg Competition
    among Intermediaries in a Differentiated Duopoly with Product Innovation}, volume={98},
    publisher={CIE Working Paper Series, Paderborn University}, author={Manegold,
    Jochen}, year={2016}, collection={Working Papers CIE} }'
  chicago: Manegold, Jochen. <i>Stackelberg Competition among Intermediaries in a
    Differentiated Duopoly with Product Innovation</i>. Vol. 98. Working Papers CIE.
    CIE Working Paper Series, Paderborn University, 2016.
  ieee: J. Manegold, <i>Stackelberg Competition among Intermediaries in a Differentiated
    Duopoly with Product Innovation</i>, vol. 98. CIE Working Paper Series, Paderborn
    University, 2016.
  mla: Manegold, Jochen. <i>Stackelberg Competition among Intermediaries in a Differentiated
    Duopoly with Product Innovation</i>. Vol. 98, CIE Working Paper Series, Paderborn
    University, 2016.
  short: J. Manegold, Stackelberg Competition among Intermediaries in a Differentiated
    Duopoly with Product Innovation, CIE Working Paper Series, Paderborn University,
    2016.
date_created: 2018-05-03T08:06:05Z
date_updated: 2022-01-06T06:57:11Z
ddc:
- '040'
department:
- _id: '205'
- _id: '475'
file:
- access_level: closed
  content_type: application/pdf
  creator: stela
  date_created: 2018-10-31T09:16:36Z
  date_updated: 2018-10-31T09:16:36Z
  file_id: '5145'
  file_name: WP - Stackelberg Competition among Intermediaries in a Differentiated
    Duopoly with Product Innovation.pdf
  file_size: 776029
  relation: main_file
  success: 1
file_date_updated: 2018-10-31T09:16:36Z
has_accepted_license: '1'
intvolume: '        98'
keyword:
- Input Market
- Product Quality
- Quantity Competition
- Stackelberg Competition
- Product Innovation
language:
- iso: eng
project:
- _id: '1'
  name: SFB 901
- _id: '2'
  name: SFB 901 - Project Area A
- _id: '7'
  name: SFB 901 - Subproject A3
publisher: CIE Working Paper Series, Paderborn University
series_title: Working Papers CIE
status: public
title: Stackelberg Competition among Intermediaries in a Differentiated Duopoly with
  Product Innovation
type: working_paper
user_id: '65453'
volume: 98
year: '2016'
...