Successive oligopolies and decreasing returns

In this paper, we propose an example of successive oligopolies where the downstream firms share the same decreasing returns technology of the Cobb-Douglas type. We stress the differences between the conclusions obtained under the assumption and those resulting from the traditional example considered in the literature, namely, a constant returns technology.

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Year of publication:	2008
Authors:	Gabszewicz, Jean ; Zanaj, Skerdilajda
Institutions:	Centre de Recherche en Économie Appliquée (CREA), Faculté de droit, d'économie et de finance
Subject:	successive oligopolies \| vertical integration \| technology

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Extent:	application/pdf
Series:	CREA Discussion Paper Series.
Type of publication:	Book / Working Paper
Language:	English
Classification:	D43 - Oligopoly and Other Forms of Market Imperfection ; L1 - Market Structure, Firm Strategy, and Market Performance ; L22 - Firm Organization and Market Structure: Markets vs. Hierarchies; Vertical Integration ; L42 - Vertical Restraints; Resale Price Maintenance; Quantity Discounts
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008587554