What's the Big Idea? Multi-Function Products, Firm Scope and Firm Boundaries
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Products often bundle together many functions e.g., smartphones. The firm develops the big idea (which functions to bundle) and then chooses one supplier per function. We develop a model featuring holdup in which the firm's bargaining power declines in the number of suppliers. Greater scope as
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美国国家经济研究局创建时间：
2019-09-01
