Showing 1 - 5 of 5
Persistent link: https://www.econbiz.de/10005351785
The issue of technical progress under uncertainty is nested into the debate on vertical integration versus outsourcing, to show that, in general, the former is preferable to the latter in terms of both expected profits and technological efficiency. It is then shown that there exist (i) an...
Persistent link: https://www.econbiz.de/10008499434
Persistent link: https://www.econbiz.de/10005462251
We investigate the introduction of a minimum quality standard in a vertically differentiated duopoly where production is polluting. We examine the alternative frameworks with quality-dependent fixed or variable costs, under both price and quantity competition. Under Bertrand behaviour, the...
Persistent link: https://www.econbiz.de/10011065803
Persistent link: https://www.econbiz.de/10005122004