{"id":"https://openalex.org/W2776847858","doi":"https://doi.org/10.1561/0200000070","title":"Supply Chain Debt Financing in Competition","display_name":"Supply Chain Debt Financing in Competition","publication_year":2017,"publication_date":"2017-12-21","ids":{"openalex":"https://openalex.org/W2776847858","doi":"https://doi.org/10.1561/0200000070","mag":"2776847858"},"language":"en","primary_location":{"id":"doi:10.1561/0200000070","is_oa":false,"landing_page_url":"https://doi.org/10.1561/0200000070","pdf_url":null,"source":{"id":"https://openalex.org/S154432073","display_name":"Foundations and Trends\u00ae in Technology Information and Operations Management","issn_l":"1571-9545","issn":["1571-9545","1571-9553"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310318575","host_organization_name":"Now Publishers","host_organization_lineage":["https://openalex.org/P4310318575"],"host_organization_lineage_names":["Now Publishers"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Foundations and Trends\u00ae in Technology, Information and Operations Management","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5103046925","display_name":"Qiaohai Hu","orcid":"https://orcid.org/0000-0001-8768-2515"},"institutions":[{"id":"https://openalex.org/I208333798","display_name":"University of Missouri\u2013St. Louis","ror":"https://ror.org/037cnag11","country_code":"US","type":"education","lineage":["https://openalex.org/I208333798"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Qiaohai (Joice) Hu","raw_affiliation_strings":["University of Missouri-St. Louis ,","University of Missouri-St. Louis, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"University of Missouri-St. Louis ,","institution_ids":["https://openalex.org/I208333798"]},{"raw_affiliation_string":"University of Missouri-St. Louis, USA","institution_ids":["https://openalex.org/I208333798"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5110526241","display_name":"Su Ping","orcid":null},"institutions":[{"id":"https://openalex.org/I139290212","display_name":"Hofstra University","ror":"https://ror.org/03pm18j10","country_code":"US","type":"education","lineage":["https://openalex.org/I139290212"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Ping Su","raw_affiliation_strings":["Hofstra University ,","Hofstra University, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Hofstra University ,","institution_ids":["https://openalex.org/I139290212"]},{"raw_affiliation_string":"Hofstra University, USA","institution_ids":["https://openalex.org/I139290212"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":0.0,"has_fulltext":false,"cited_by_count":0,"citation_normalized_percentile":{"value":0.11163874,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":null,"biblio":{"volume":"10","issue":"3-4","first_page":"388","last_page":"406"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11043","display_name":"Merger and Competition Analysis","score":0.9053000211715698,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11043","display_name":"Merger and Competition Analysis","score":0.9053000211715698,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12544","display_name":"Working Capital and Financial Performance","score":0.9017000198364258,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.6180444955825806},{"id":"https://openalex.org/keywords/competition","display_name":"Competition (biology)","score":0.5916981101036072},{"id":"https://openalex.org/keywords/debt-financing","display_name":"Debt financing","score":0.5804345011711121},{"id":"https://openalex.org/keywords/debt","display_name":"Debt","score":0.4876317083835602},{"id":"https://openalex.org/keywords/finance","display_name":"Finance","score":0.4870951175689697},{"id":"https://openalex.org/keywords/supply-chain","display_name":"Supply chain","score":0.47262975573539734},{"id":"https://openalex.org/keywords/financial-system","display_name":"Financial system","score":0.42317891120910645},{"id":"https://openalex.org/keywords/marketing","display_name":"Marketing","score":0.04853066802024841}],"concepts":[{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.6180444955825806},{"id":"https://openalex.org/C91306197","wikidata":"https://www.wikidata.org/wiki/Q45767","display_name":"Competition (biology)","level":2,"score":0.5916981101036072},{"id":"https://openalex.org/C2992672087","wikidata":"https://www.wikidata.org/wiki/Q3196867","display_name":"Debt financing","level":3,"score":0.5804345011711121},{"id":"https://openalex.org/C120527767","wikidata":"https://www.wikidata.org/wiki/Q3196867","display_name":"Debt","level":2,"score":0.4876317083835602},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.4870951175689697},{"id":"https://openalex.org/C108713360","wikidata":"https://www.wikidata.org/wiki/Q1824206","display_name":"Supply chain","level":2,"score":0.47262975573539734},{"id":"https://openalex.org/C73283319","wikidata":"https://www.wikidata.org/wiki/Q1416617","display_name":"Financial system","level":1,"score":0.42317891120910645},{"id":"https://openalex.org/C162853370","wikidata":"https://www.wikidata.org/wiki/Q39809","display_name":"Marketing","level":1,"score":0.04853066802024841},{"id":"https://openalex.org/C18903297","wikidata":"https://www.wikidata.org/wiki/Q7150","display_name":"Ecology","level":1,"score":0.0},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1561/0200000070","is_oa":false,"landing_page_url":"https://doi.org/10.1561/0200000070","pdf_url":null,"source":{"id":"https://openalex.org/S154432073","display_name":"Foundations and Trends\u00ae in Technology Information and Operations Management","issn_l":"1571-9545","issn":["1571-9545","1571-9553"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310318575","host_organization_name":"Now Publishers","host_organization_lineage":["https://openalex.org/P4310318575"],"host_organization_lineage_names":["Now Publishers"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Foundations and Trends\u00ae in Technology, Information and Operations Management","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:now:fnttom:0200000070","is_oa":false,"landing_page_url":"http://doi.org/10.1561/0200000070","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"article"}],"best_oa_location":null,"sustainable_development_goals":[{"score":0.4699999988079071,"display_name":"Partnerships for the goals","id":"https://metadata.un.org/sdg/17"}],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":0,"referenced_works":[],"related_works":["https://openalex.org/W3045798273","https://openalex.org/W2313738774","https://openalex.org/W1582930841","https://openalex.org/W3197745690","https://openalex.org/W2320202749","https://openalex.org/W2389581170","https://openalex.org/W2177510559","https://openalex.org/W2372550187","https://openalex.org/W2348010914","https://openalex.org/W2111310999"],"abstract_inverted_index":{"The":[0],"seminal":[1],"paper":[2],"of":[3,60,71,133,164],"Brander":[4],"and":[5,54],"Lewis":[6],"(1986)":[7],"concludes":[8],"that":[9,15,75],"debt":[10,134,167],"financing":[11,135],"causes":[12],"two":[13,49],"firms":[14,31],"engage":[16],"in":[17,25,43,97,102,110,151],"a":[18],"Cournot":[19],"game":[20],"to":[21,117,176],"behave":[22],"more":[23,95,119],"aggressively":[24,120],"the":[26,44,58,66,81,85,90,98,103,111,122,130,139,148,152,160,165],"product":[27],"market.":[28],"However,":[29],"both":[30],"are":[32,38],"worse":[33],"off":[34],"than":[35,101],"if":[36],"they":[37],"purely":[39],"equity":[40],"financed,":[41],"resulting":[42],"so-called":[45],"prisoner\u2019s":[46],"dilemma.":[47],"Incorporating":[48],"supply":[50,61,91],"chain":[51,62],"structures,":[52],"distributional":[53,104,153],"parallel,":[55],"we":[56],"explore":[57],"effect":[59,93,132],"upstream":[63,82],"structure":[64,100,113,154],"on":[65],"downstream":[67,87,171],"retailers\u2019":[68],"strategic":[69,131],"use":[70],"debt.":[72],"We":[73],"find":[74],"this":[76],"prisoner":[77],"dilemma":[78],"persists":[79],"because":[80,106,169],"benefits":[83],"from":[84],"intensified":[86],"competition.":[88],"Moreover,":[89],"expansion":[92],"is":[94],"pronounced":[96],"parallel":[99,112],"one,":[105],"each":[107],"dedicated":[108],"supplier":[109,150],"abets":[114],"its":[115,126,144],"retailer":[116],"compete":[118],"against":[121],"competitor":[123,140],"by":[124],"lowering":[125],"wholesale":[127],"price.":[128],"Therefore,":[129],"not":[136],"only":[137],"deters":[138],"but":[141],"also":[142],"\u201csqueezes\u201d":[143],"supplier.":[145],"In":[146],"contrast,":[147],"common":[149],"adopts":[155],"an":[156],"inertia":[157],"strategy,":[158],"keeping":[159],"same":[161],"price":[162],"regardless":[163],"downstream\u2019s":[166],"levels":[168],"overheated":[170],"competition":[172],"may":[173],"be":[174],"detrimental":[175],"it.":[177]},"counts_by_year":[],"updated_date":"2026-05-21T06:26:12.895304","created_date":"2025-10-10T00:00:00"}
