EconPapers    
Economics at your fingertips  
 

Bertrand competition in vertically related markets

Tomomichi Mizuno () and Kazuhiro Takauchi

No 2208, Discussion Papers from Graduate School of Economics, Kobe University

Abstract: We build a successive Bertrand model with homogenous good. We show that increasing the pro- duction efficiency of upstream industry can reduce upstream Firms' profits. We also show that increasing the production efficiency of downstream industry may reduce downstream Firms' prof- its. Hence, an industrial policy that aims at improving production efficiency may be undesirable for Firms.

Pages: 12 pages
Date: 2022-04
New Economics Papers: this item is included in nep-com, nep-gth, nep-ind, nep-mic and nep-reg
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://www.econ.kobe-u.ac.jp/RePEc/koe/wpaper/2022/2208.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:koe:wpaper:2208

Access Statistics for this paper

More papers in Discussion Papers from Graduate School of Economics, Kobe University Contact information at EDIRC.
Bibliographic data for series maintained by Kimiaki Shirahama ( this e-mail address is bad, please contact ).

 
Page updated 2022-10-03
Handle: RePEc:koe:wpaper:2208