We examine the interplay of endogenous vertical integration and costreducing downstream investment in successive oligopoly. We start from a linear Cournot model to motivate our more general reducedform framework. For this general framework, we establish the following main results: First,...

Die vorliegende Dissertation besteht aus vier Kapiteln. Das erste Kapitel zeigt unter Verwendung von Schweizer Firmendaten, dass eine Senkung von Handelsbarrieren zwischen der Schweiz und der Europäischen Union zu Unternehmen führt, die einen geringeren Grad an vertikaler Integration...

We examine the interplay of endogenous vertical integration and costreducing downstream investment in successive oligopoly. We start from a linear Cournot model to motivate our more general reducedform framework. For this general framework, we establish the following main results: First,...

This paper proposes a stylized model of the electricity industry taking the vertical structure of the industry into account. We examine the effects of restructuring on capacity investments, retail prices and welfare, allowing for uncertain demand. We consider the following market configurations:...

We examine the interplay of endogenous vertical integration and cost-reducing downstream investment in successive oligopoly. We start from a linear Cournot model to motivate our more general reduced-form framework. For this general framework, we establish the following main results: First,...