IDEAS home Printed from https://ideas.repec.org/a/taf/servic/v19y1999i3p175-186.html
   My bibliography  Save this article

Information Costs and Information Asymmetry in British Food Retailing

Author

Listed:
  • Carlo Morelli

Abstract

This article examines debates over the emergence of multiple retailers’ market power through the historical growth of relational contracting within British food retailing. The article documents the changing pattern of relational contracting. Contracting is suggested to adapt to changes in the importance of branded goods, own-label goods and asset specific investment in retailing outlets and logistics. In conclusion the article challenges the neo-classical view that markets are characterised by discrete classical contracting in favour of a view which emphasises firms’ risk minimising strategy based upon relational contracting and market power.

Suggested Citation

  • Carlo Morelli, 1999. "Information Costs and Information Asymmetry in British Food Retailing," The Service Industries Journal, Taylor & Francis Journals, vol. 19(3), pages 175-186, July.
    • Handle: RePEc:taf:servic:v:19:y:1999:i:3:p:175-186
    DOI: 10.1080/02642069900000036
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/02642069900000036
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/02642069900000036?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Morelli, Carlo, 2009. "Modern British Retailing in the Late 20th Century: Increasing Value?," SIRE Discussion Papers 2009-59, Scottish Institute for Research in Economics (SIRE).
    2. Carlo Morelli, 2005. "Further reflections on the Golden Age in British multiple retailing 1976-1994: capital investment, market share and retail margins," Dundee Discussion Papers in Economics 183, Economic Studies, University of Dundee.
    3. Flores, Hector & Villalobos, J. Rene, 2013. "Using market intelligence for the opportunistic shipping of fresh produce," International Journal of Production Economics, Elsevier, vol. 142(1), pages 89-97.
    4. Carlo Morelli, 2004. "Explaining the Growth of British Multiple Retailing during the Golden Age: 1976–94," Environment and Planning A, , vol. 36(4), pages 667-684, April.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:servic:v:19:y:1999:i:3:p:175-186. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/FSIJ20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.