Showing 11 - 20 of 659,656
Persistent link: https://www.econbiz.de/10001743426
Persistent link: https://www.econbiz.de/10001237758
Persistent link: https://www.econbiz.de/10012658866
Persistent link: https://www.econbiz.de/10012659098
Persistent link: https://www.econbiz.de/10013273583
This paper studies the welfare consequences of a vertical merger that raises rivals' costs when downstream competition is a la Cournot between firms with constant asymmetric marginal costs. The main result is that such a vertical merger can nevertheless improve welfare if it involves a...
Persistent link: https://www.econbiz.de/10013320479
Persistent link: https://www.econbiz.de/10012419230
In a recent paper, Alipranti et al. (2014, Price vs. quantity competition in a vertically related market, Economics Letters, 124: 122-126) show that in a vertically related market Cournot competition yields higher social welfare compared to Bertrand competition if the upstream firm subsidises...
Persistent link: https://www.econbiz.de/10011569602
Persistent link: https://www.econbiz.de/10011810509
sensitive to the duopoly assumption. Hackner (2000, Journal of Economic Theory, 93, 233-239), however, leaves unanswered the …Hackner (2000, Journal of Economic Theory 93, 233-239) shows that in a differentiated oligopoly with more than two …
Persistent link: https://www.econbiz.de/10014053183