This paper studies the issue of agglomeration versus fragmentation of vertically related industries. While the downstream industry works under perfect competition, the upstream industry is a duopoly where each firm supplies a differentiated input to the competitive firms. These process the...

We present the results of theoretical study of a new scenario of condensation phase transitions in ensemble of particles in ferrofluids. In this scenario the phase transition begins with the formation of linear chainlike clusters which collapse into dense globules when a number of particles in...