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A note on successive oligopolies and vertical mergers
Jean Gabszewicz () and
Skerdilajda Zanaj ()
No 2007074, CORE Discussion Papers from Université catholique de Louvain, Center for Operations Research and Econometrics (CORE)
Abstract:
In this paper we analyze how the technology used by downstream firms can influence input and output market prices. We show via an example that both these prices increase under a decreasing returns technology while the contrary holds when the technology is constant.
Keywords: successive oligopolies ; vertical integration ; technology ; foreclosure (search for similar items in EconPapers)
JEL-codes: D43 L1 L22 L42 (search for similar items in EconPapers)
Date: 2007-09-01
Downloads: (external link)http://www.uclouvain.be/cps/ucl/doc/core/documents/coredp2007_74.pdf (application/pdf)
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Persistent link: http://EconPapers.repec.org/RePEc:cor:louvco:2007074
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